Sugar Bounty

See Subsidy. SUGGESTI0 FALSI (Lat.). A statement of a falsehood. This amounts to a fraud whenever the party making it was bound to disclose the truth. The following is an example of a case where chancery will interfere and set aside a contract as fraudulent, on account of the suggestio falsi: A purchaser applied to the seller to purchase a lot of wild land, and represented to him it was worth nothing, except for a sheep pasture, when he knew there was a valuable mine on the lot, of which the seller was ignorant. The sale was set aside; Livingston v. Iron Co., 2 Paige, Ch. (N. Y.) 390. See Concealment; Misrepresentation; Representation; Suppressio Veri.