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wdqdqan Contract Act states "Misrepresentation means and includes - the positive assertion, in a conduct not warranted by the information of the human frame making it, of that which is not very well, though he believes it to have ~ing true. any breach of duty that, without any intent to deceive, gains ~y advantage to the person committing it, or some one claiming under him, by misleading a different to his prejudice, or to the bias of any one claiming under him; causing, in whatever degree innocently, a party to an agreement, to make a mistake as to the chief part of the thing which is the subject of the agreement. Effect of Misrepresentation

Any company who has entered into a lessen by misrepresentation may avoid the agreement
insist that the convention be performed by putting him in a spot in which he would have indeed been had the representation be trusty. v)Mistake An erroneous belief about something may be termed as a be at fault. Section 20 of the Indian Contract provides:

"Where as well-as; not only-but also; not only-but; not alone-but the parties to an agreement are for that which is less than a mistake as to a quantity of fact essential to the agreement, the agreement is of no binding force." mistake may be of two types:
Mistake of Law
Mistake of Fact
Mistake of Law is based ~t any the principle of 'Ignorantia Juris Non Excusat' what one. means ignorance of law is ~t any excuse. A party is not entitled to in ~ degree relief on the plea that each act has been done in ignorance of the law.

Mistake of actuality may be either a bilateral oversight or even a unilateral mistake. In an agreement where both the parties are when exposed to a mistake as to a substance of fact essential to the agreement, it is deemed to subsist a case of bilateral mistake. In a arrangement where only one of the parties has committed a blunder regarding the subject-matter or a single one legal effect or consequence of like agreement or in understanding or expressing any terms or conditions of the incur, the mistake is said to be a unilateral mistake.

Some common forms of be at fault are enumerated herein below:
Mistake like to the identity of the...

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