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"The law in relation to misrepresentation drives a 'coach and four' through the hallowed principle of caveat emptor".
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Contract Non-Assessed Essay 2 by Marc Piano Q: "The law in relation to misrepresentation drives a 'coach and four' through the hallowed principle of caveat emptor" It has been argued by academics that the relatively recent legal concept of misrepresentation, and the obligations and responsibilities it places on parties when negotiating a contract, make a complete mockery of the principle of caveat emptor. This essay will outline the concepts of caveat emptor, misrepresentation and the rules relating to disclosure, and will look at the possible effects of misrepresentation and legislation on the principle of caveat emptor, and whether or not they have rendered the principle void. Caveat emptor is defined by the 'Oxford Dictionary of Law' as "a common-law maxim warning a purchaser that he could not claim that his purchases were defective unless he protected himself by obtaining express guarantees from the vendor." Generally speaking, therefore, it is up to the buyer, during...
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