Fraud has been defined as" The intentional mis-representation by one party to a contract of a material existing fact which is relied upon by the other party to have or his injury is fraud'
Element of fraud include:
- A mis-statement made with the intention to deceive.
- The mis-representation of a material existing fact.
- The deceived person justified in relaying on the statement.
- This person was damaged (in the legal sense) by the false statement.
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