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Wordcount: 560
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Misrepresentation Petra vs. Tony
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Petra may bring an action against Tony for the misrepresentation on his part.
A representation is a statement of fact that induces the other party to enter into the contract. Although the representation regarding the Millennium Tower was a term in the contract, it might still constitute misrepresentation if the statement is 1) one of fact; 2) an inducement to contract and material.
The first issue is then whether the statement made by Tony about the business potential after the completion of the Millennium Tower is one of fact.
There has been a rule that representation as to future will not attract liability in misrepresentation However, the rigidity of the rule has been lessoned. If it is reasonable to rely on the statement, then
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