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The Misrepresentation Act 1967 (c. 7) is a United Kingdom act of Parliament of the United Kingdom which amended the common law principles of misrepresentation.Prior to the Act, the common law position was that there were two categories of misrepresentation: fraudulent and innocent.
The Judge found the lease was entered based on the landlord's misrepresentation, and clause 5.8 attempted to exclude liability for misrepresentation, but was unreasonable under the Misrepresentation Act 1967 section 3 and the Unfair Contract Terms Act 1977 section 11. Their liability was not limited to the extent of the trust's assets.
In England, the common law was codified and amended by the Misrepresentation Act 1967. (Although short and apparently succinct, the 1967 Act is widely regarded as a confusing and poorly drafted statute which has caused a number of difficulties, especially in relation to the basis of the award of damages. [64]
Walker v Boyle [1982] 1 WLR 495 is an English contract law case, concerning misrepresentation, and the possibility to exclude liability for it under the Misrepresentation Act 1967 s 3. Facts [ edit ]
It examines the Misrepresentation Act 1967 and addresses the extent of damages available under s 2(1) for negligent misrepresentation. The court controversially decided that under the Act, the appropriate measure of damages was the same as that for common law fraud, or damages for all losses flowing from a misrepresentation, even if unforeseeable.
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the nature of the misrepresentation; here it was a £5m land sale, but the misrepresentation would only cost £18k to put right; loss caused were the contract upheld; this is a power to award damages where none were previously recoverable. Because of s 2(3) this is not compensation for the loss, but damages for the misrepresentation as such.
Misrepresentation, exclusion clause Cremdean Properties Ltd v Nash (1977) 244 EG 547 is an English contract law case, concerning misrepresentation and exclusion of liability under the Misrepresentation Act 1967 s 3.