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Lord Hardwick's analysis of fraud in Chesterfield v. Janson (2 Ves. 155) describes the following four species:
- Fraud such as is constituted of direct imposition
- Fraud such as may be presumed, contrary to the general rule, from the relation of the parties
- Fraud such as may be collected from the intrinsic value of the bargain
- Fraud such as arises from the contract being an imposition on third persons
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