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Topic: Business
Number of pages / Number of words: 3 / 577
Essay's paper body

The party so induced must have acted upon it and suffered loss

SILENCE WHEN FRAUD

Mere silence as to facts likely to affect the willingness of a party to enter into a contract is not fraud, unless it is the duty of the person keeping silence to speak or where his silence is equivalent to speech.

DUTY TO SPEAK arises where a party holds a real or fiduciary relation to other...


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g. insurance contracts

If the circumstances prevailing on the date of agreement materially change and are known to one party only. (doctor’s sale of goodwill to another doctor)

Half truths or hal


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