Answer to Question #310599 in Management for Kholoe

Question

Vladimir misrepresented to Raymond that the Russian Vodka was of premium quality when in fact it is referred to in Russia as “Bootleg” vodka.

4.1 Explain whether Raymond may cancel on the basis of fraudulent misrepresentation if he did notconsume any alcohol before concluding the contract. 50 marks

Answer 1

Yes, Raymond may cancel the contract on the basis of fraudulent misrepresentation. A fraudulent misrepresentation is a statement that the defendant made knowing it was false or that the defendant made recklessly to induce the other party to enter a contract. The injured party can seek to void the contract and to recover damages from the defendant.