Types of misrepresentation
- Created by: Molly Byrne
- Created on: 19-03-15 14:08
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- Types of Misrep
- Fraudulent Misrep
- A false statement is made and the party knows it to be false.
- Derry v Peek
- Remedies:
- Rescission of the contract
- Damages under the tort of deceit
- Negligent Misrep
- A statement made without reasonable grounds for its truth
- S2(1) Misrep Act 1967
- Rescission and damages
- A statement made without reasonable grounds for its truth
- Innocent Misrep
- A statement which the seller believes and that the reasonable man would believe as well
- Rescission but no right to damages
- Unless rescission is unavailable then damages will be awarded
- Rescission but no right to damages
- A statement which the seller believes and that the reasonable man would believe as well
- Fraudulent Misrep
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