Misrepresentation Flashcards

1
Q

What are the three elements of misrepresentation?

A
  1. There is a statement of fact
  2. The statement relates to a past or current fact
  3. The statement was made before the contract was made
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2
Q

Case for False Statement of Fact

A

Bisset v Wilkinson (Merely an opinion “Farm would hold 2,000 sheep”)

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3
Q

Case for Exisiting or Past Fact

A

Ware v Johnson (Although about the future, the statement implies a present fact)

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4
Q

Which statements do not constitute misrepresentations (5)

A
  1. Puff
  2. Silence
  3. Statement of opinion
  4. Statement of intention
  5. Statement of law
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5
Q

Which section states the four essential elements of actionable misrepresentation? What are they?

A

s35
1. Must be misrepresentation
2. Made by the representor
3. Made to the representee
4. Induced into signing the contract based on the misrepresentation

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6
Q

What is the fifth element of actionable misrepresentation from common law and what is the case

A

The representer must have INTENDED the misrepresentation to induce the representee into the contract. Savill v NZI Finance

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7
Q

What section mentions remedies for actionable misrepresentation?

A

s35

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