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Business Environment and Law-Law Of Contract (Indian Contract Act 1872)

Distinction Between Fraud And Misrepresentation-Law Of Contract

   Posted On :  07.05.2018 10:06 pm

Distinction Between Fraud And Misrepresentation-Law Of Contract

Distinction Between Fraud And Misrepresentation
 
 
Fraud: Intention to deceive that there is no intention to deceive, fraud to recover damages not available in case of misrepresentation.
 
Misrepresentation: the aggrieved party loses the right to rescind the contract if it could discover the truth with ordinary diligence. In Fraud, this exception does not apply.

 

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