Misrepresentation Act 1967
UK | Active
The Misrepresentation Act 1967 is a UK law that aims to provide remedies for parties who have been misled by false statements during contractual negotiations. The Act allows for claims of misrepresentation in situations where a false statement has been made, either fraudulently, negligently, or innocently, and has induced another party to enter into a contract. It offers the possibility of rescinding the contract and, in certain cases, claiming damages. The Act also establishes that a party who has been misrepresented is not required to prove the intention behind the statement, thus broadening the scope of potential claims. Includes reference to damages.
| Category | Industries | Standards | Link |
|---|---|---|---|
| Other | Legal | ISO 9001 | View Legislation |
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