This essay will discuss the requirements for establishing the presence of fraudulent misrepresentation in relation to the matter between Bob Wheelie and Mr Spoke. The argument in favour of Bob will be supported by relevant statue and case law. The situation considered will prove the elements of fraudulent misrepresentation were present in the deceptive actions taken by Mr Spoke in order to gain agreement on the sale. Firstly, there was a false statement of fact. Secondly the statement induced Bob into entering the contract. Thirdly Mr Spoke made the misrepresentation knowing it was false and would cause an incorrect impression. And lastly the innocent party suffered an economic loss as a result. This essay will also discuss the remedies available to Bob.
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