Section 18 Indian Contract Act 1872
Section 18 of the Indian Contract Act 1872 is about “Misrepresentation” defined. It is under CHAPTER II of the Act. CHAPTER II is titled OF CONTRACTS, VOIDABLE CONTRACTS AND VOID AGREEMENTS.
“Misrepresentation” defined
“Misrepresentation” means and includes—
(1) the positive assertion, in a manner not warranted by the information of the person making it, of that which is not true, though he believes it to be true;
(2) any breach of duty which, without an intent to deceive, gains an advantage to the person committing it, or any one claiming under him; by misleading another to his prejudice, or to the prejudice of any one claiming under him;
(3) causing, however innocently, a party to an agreement, to make a mistake as to the substance of the thing which is the subject of the agreement.
See also:
Section 17 Indian Contract Act 1872 (“Fraud” defined)
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