Question
"Mere silence as to facts is not fraud". Explain with examples.
Answer :
Word Count : 262
In Business Law, the principle “mere silence as to facts is not fraud” implies that non-disclosure of information does not amount to fraud unless there is a duty to disclose. Fraud, under Section 17 of the Indian Contract Act, 1872, involves deliberate misrepresentation, deceit, or concealment of material facts with the intention to induce another party to enter into a contract. Silence alone, without any __________ ___ _____ ______ ________ ___ ______ ________.
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In Business Law, the principle “mere silence as to facts is not fraud” implies that non-disclosure of information does not amount to fraud unless there is a duty to disclose. Fraud, under Section 17 of the Indian Contract Act, 1872, involves deliberate misrepresentation, deceit, or concealment of material facts with the intention to induce another party to enter into a contract. Silence alone, without any __________ ___ _____ ______ ________ ___ ______ ________.
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