Which of the following statements is the best description of a 'fraudulent' misrepresentation?
A) Silence or non-disclosure about a fact which creates a false impression.
B) A false statement of fact made with the belief that it is true,which the other person relies upon and suffers loss.
C) A false statement of fact made knowingly,which the other person relies upon and suffers loss.
D) A false statement of fact made carelessly,which the other person relies upon and suffers loss.
Correct Answer:
Verified
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