1. Innocent misrepresentation
  2. Fraudulent misrepresentation
  3. A & B are correct
  4. None of the above
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1 Answers

Answer: Option 3

Insurance contract can be declared void in both Innocent misrepresentation and fraudulent misrepresentation. Innocent misrepresentation is a misrepresentation made by someone who had reasonable grounds for believing that his false statement was true. Fraudulent misrepresentation is a civil tort arising out of contract law. It is a false statement of fact that causes or induces someone to enter into a contract.

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