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Words: | Submitted: Tue Mar 30 2004
... is planned". Once buying the shop the institute moved out of town, causing the income of the shop to be substantially reduced. The second issue concerning misrepresentation is that of the business turnover for the previous three years. Dino explained to Grab that the shop was receiving 'up to £30,000 per year'. But after purchasing the shop Grab asked his accountant to look over the figures and found that it had only reached £30,000 in the last year and was below £20,000 for the previous two years. However for Grab to have an action for misrepresentation, he must first prove that Dino's statements were those of fact and were false. It is necessary to discover whether the statements are a misrepresentation in the legal sense. A false statement of opinion is not a misrepresentation of fact -Bisset v Wilkinson.2 However, where the person giving the statement was in the position ...
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