Write down your answers to the following questions and then check your responses against the answer guidance.
In brackets is the number of marks each answer is worth. There is a maximum of 50 points available.
- What is required in order to establish that there has been an actionable misrepresentation? (2)
- In what circumstances can a statement of opinion establish liability in misrepresentation? (2)
- What does the decision in Edgington v Fitzmaurice establish? (2)
- Define fraudulent, negligent, and wholly innocent misrepresentations. (3)
- What are the possible remedies available for an actionable misrepresentation? (3)
- What is the effect of rescission on a contract? (1)
- What are the bars to rescission? (5)
- What is the basis and aim of damages for fraudulent misrepresentation?
(2)What is the remoteness rule for fraudulent misrepresentation? (1) Give authority. (1)
- On what basis can loss of profit damages be recovered where there has been a fraudulent misrepresentation? (3) Give authority. (1)
- What are the alternative damages claims for negligent misrepresentation?
(2)What are the limitations and advantages of each? (6)
- What is the significance of the decision in Howard Marine & Dredging Co. Ltd v Ogden & Sons (Excavations) Ltd? (3)
- Give TWO criticisms that might be made of the decision in Royscot Trust Ltd v Rogerson. (4)
- What factors will be relevant in the decision to exercise the discretion to award damages instead of rescission under s.2(2) of the Misrepresentation Act 1967? (6)
- In what circumstances will it be possible to apportion damages for misrepresentation to take account of the misrepresentee’s contributory negligence? (3)
Total available points: 50