Legal Principle: A contract obtained by misrepresentation is voidable at the option of the buyer. Factual Situation: A lady by falsely representing herself to be wife of a millionaire obtains costly necklaces from a jeweler on the pretext of showing them to her husband before buying. She later on pledges them with a broker, who in good faith gives 5 lac to the lady. The jeweler on knowing this, files a suit against the broker. Issue: What will be the legal position in this case? Decision: