Where a representation is a continuing one1, and between the time when it was made and the time when the representee2 altered his position on the faith of it, either: (1) the representor3 discovers that his original statement which, when he made it, he honestly believed to be true, was false; or (2) supervening events render, to the knowledge of the representor, his statement no longer true, a duty to disclose the changed situation to the representee may arise
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