CA Foundation Exam > CA Foundation Questions > Which of the following statements is false?a)...
Start Learning for Free
Which of the following statements is false?
- a)A contract is not voidable if fraud or misrepresentation does not induce the other party to enter into 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.
Correct answer is option 'D'. Can you explain this answer?
| FREE This question is part of | Download PDF Attempt this Test |
Most Upvoted Answer
Which of the following statements is false?a)A contract is not voidabl...
False Statement:
The false statement is D: A party who affirms the contract can also change his option afterwards if he so decides.
Explanation:
To understand why statement D is false, let's break down each statement and analyze them:
A: A contract is not voidable if fraud or misrepresentation does not induce the other party to enter into a contract.
- This statement is true. For a contract to be voidable due to fraud or misrepresentation, it must have induced the party to enter into the contract.
B: A party cannot complain of fraudulent silence or misrepresentation if he had the means of discovering the truth with ordinary means.
- This statement is true. If a party had the means to discover the truth through ordinary means but failed to do so, they cannot later complain of fraudulent silence or misrepresentation.
C: In case of fraud or misrepresentation, the aggrieved party can either rescind or affirm the contract.
- This statement is true. When fraud or misrepresentation occurs, the aggrieved party has the option to either rescind (cancel) the contract or affirm it (continue with the contract).
D: A party who affirms the contract can also change his option afterwards if he so decides.
- This statement is false. Once a party affirms the contract after discovering fraud or misrepresentation, they cannot change their option afterwards. Affirming the contract means they have chosen to continue with it despite the fraudulent act.
In conclusion, the false statement is D: A party who affirms the contract can also change his option afterwards if he so decides.
The false statement is D: A party who affirms the contract can also change his option afterwards if he so decides.
Explanation:
To understand why statement D is false, let's break down each statement and analyze them:
A: A contract is not voidable if fraud or misrepresentation does not induce the other party to enter into a contract.
- This statement is true. For a contract to be voidable due to fraud or misrepresentation, it must have induced the party to enter into the contract.
B: A party cannot complain of fraudulent silence or misrepresentation if he had the means of discovering the truth with ordinary means.
- This statement is true. If a party had the means to discover the truth through ordinary means but failed to do so, they cannot later complain of fraudulent silence or misrepresentation.
C: In case of fraud or misrepresentation, the aggrieved party can either rescind or affirm the contract.
- This statement is true. When fraud or misrepresentation occurs, the aggrieved party has the option to either rescind (cancel) the contract or affirm it (continue with the contract).
D: A party who affirms the contract can also change his option afterwards if he so decides.
- This statement is false. Once a party affirms the contract after discovering fraud or misrepresentation, they cannot change their option afterwards. Affirming the contract means they have chosen to continue with it despite the fraudulent act.
In conclusion, the false statement is D: A party who affirms the contract can also change his option afterwards if he so decides.
Attention CA Foundation Students!
To make sure you are not studying endlessly, EduRev has designed CA Foundation study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in CA Foundation.
|
Explore Courses for CA Foundation exam
|
|
Similar CA Foundation Doubts
Top Courses for CA FoundationView all
Which of the following statements is false?a)A contract is not voidable if fraud or misrepresentation does not induce the other party to enter into 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.Correct answer is option 'D'. Can you explain this answer?
Question Description
Which of the following statements is false?a)A contract is not voidable if fraud or misrepresentation does not induce the other party to enter into 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.Correct answer is option 'D'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Which of the following statements is false?a)A contract is not voidable if fraud or misrepresentation does not induce the other party to enter into 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.Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following statements is false?a)A contract is not voidable if fraud or misrepresentation does not induce the other party to enter into 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.Correct answer is option 'D'. Can you explain this answer?.
Which of the following statements is false?a)A contract is not voidable if fraud or misrepresentation does not induce the other party to enter into 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.Correct answer is option 'D'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Which of the following statements is false?a)A contract is not voidable if fraud or misrepresentation does not induce the other party to enter into 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.Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following statements is false?a)A contract is not voidable if fraud or misrepresentation does not induce the other party to enter into 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.Correct answer is option 'D'. Can you explain this answer?.
Solutions for Which of the following statements is false?a)A contract is not voidable if fraud or misrepresentation does not induce the other party to enter into 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.Correct answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for CA Foundation.
Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.
Here you can find the meaning of Which of the following statements is false?a)A contract is not voidable if fraud or misrepresentation does not induce the other party to enter into 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.Correct answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
Which of the following statements is false?a)A contract is not voidable if fraud or misrepresentation does not induce the other party to enter into 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.Correct answer is option 'D'. Can you explain this answer?, a detailed solution for Which of the following statements is false?a)A contract is not voidable if fraud or misrepresentation does not induce the other party to enter into 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.Correct answer is option 'D'. Can you explain this answer? has been provided alongside types of Which of the following statements is false?a)A contract is not voidable if fraud or misrepresentation does not induce the other party to enter into 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.Correct answer is option 'D'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice Which of the following statements is false?a)A contract is not voidable if fraud or misrepresentation does not induce the other party to enter into 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.Correct answer is option 'D'. Can you explain this answer? tests, examples and also practice CA Foundation tests.
|
|
Explore Courses for CA Foundation exam
|
|
Suggested Free Tests
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
|
© EduRev
|
Education Revolution
|
Follow Us
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup