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Which of the following amounts to 'fraud' under Section 17?
AInadequate consideration
BAn innocent false statement believed to be true
CAn opinion honestly held
DA promise made without any intention of performing it
Answer & Solution
Correct answer: D. A promise made without any intention of performing it
Section 17 includes a promise made with no intention to perform, suggestion of a fact known to be untrue, and active concealment, all done with intent to deceive.
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