Vitiating factor
Makes a contract void/voidable
Define Misrep
False statement of a material fact made by a party to a contract, to induce another into a contract
Misrep factors
False statement
Material fact
Made by a party to the contract
Induces another to enter the contract
False statement Fletcher v Krell
Silence does not amount to a misrep
False statement With v O’Flanagon
Original statement made inaccurate, duty to correct or will be misrep
False statement Dimmock v Hallett
Part truth is misrep
False statement Tate v Williamson
Relationship built on trust and did not disclose
False statement Lambert v Co-Operative
For insurance wife did not disclose husband was a criminal
False statement Spice Girls Ltd v Asprilla
One bird left
Material fact Bisset v Wilkinson
Genuinely thought he could fit 2000 sheep
Material fact Edginton v Fitzmaurice
said investment would go to buildings not debt
Made by a party to the contract
Not liable for others statements unless agents
Induces the other party to enter the contract Attwood v Small
Seller of mine, false profit statement relied on surveyor so no misrep
Induces the other party to enter the contract Regrave v Hurd
Given accounts, verbally misled, did not chack themselves so was misrep
Induces the other party to enter the contract Museprime
Reasonable person does not apply
Types of misrep
Innocent
Negligent
Fraudulent
Innocent
Misrep Act 1967
Negligent Howard Marine v Ogden
Failure to check documents, negligent
Fraudulent Derry v Peek
They were careless but did not know
Defences
Impossible
Contract is affirmed
Delay
Third party
Impossible
Clarke v Dickson
Contract is affirmed
Long v Lloyd
Delay
Leaf v International Galleries
Third party
Lewis v Avery