Tag (SQ): Contract Rescission

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BCL – L1 – SA – Q55 – Contract Law

False statement about fraud or misrepresentation in contracts.

Which of the following statement is false?

A   A contract is not voidable if fraud or misrepresentation does not induce the other party to enter a contract.

B   A party cannot complain of fraudulent silence or misrepresentation if he had the means of discovering the truth with ordinary            means.

C   In case of fraud or misrepresentation, aggrieved party can either rescind or affirm the contract.

D   A party who affirms the contract, can also change his option afterwards if he so decides.

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