Same - Dishonesty Of Motive

If a person makes a representation which was fraudulent as has been above explained, it is immaterial that he may not have been actuated by any dishonest motive. If a man chooses to make such assertions, hoping or even believing that all will turn out well, he cannot escape the results of his fraud by showing the excellence of his motives.54 Thus, where a person accepted a bill of exchange drawn on another person, and falsely represented that he had authority from that other to do so, he was held liable in an action of deceit brought against him by an indorsee, the acceptance having been repudiated by the drawee and the bill dishonored; and the fact that the defendant honestly believed that the acceptance would be sanctioned by the drawee, and the bill paid, was held immaterial.55