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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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'The law in relation to misrepresentation drives a coach and four through the hallowed principle of caveat emptor.' The principle of caveat emptor is a doctrine that was dominant in the English legal system pre-19th century. Its literal translation means 'let the buyer beware.' The common law maxim is as the translation suggests, that the courts will not offer any protection for consumers who have entered into a contract which is a bad bargain. Only in circumstances where there is actually illegality or undue unfairness would the courts find in favour of the consumer. However, since the late 19th century the courts and more recently, government legislation have attempted to move away from the old traditions and move towards a more consumer protective atmosphere. This consumer protection comes, in part, in the form of Misrepresentation. Misrepresentation can be defined as "a false statement of fact that does not become a...

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