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Liability For Negligent Misstatements - A Legal Analysis
Liability For Negligent Misstatements - A Legal Analysis
SUBMITTED BY
SHIVA PRASAD.R
(BA0210047)
SUBMITTED TO
Dr. VEDAVALLI S
FACULTY LAW OF TORTS
INTRODUCTION:
RESEARCH OBJECTIVES:
1. Weather Misstatement (misrepresentation) void under the Indian Contract Act, 1873
2. Weather liability for negligent misstatement comes under torts.
RESEARCH QUESTIONS:
RESEARCH METHODOLOGY:
The student researcher employed a doctrinal technique for this project. Secondary sources
such as books, websites, articles, and journals gather important information.
PRELIMINARY SOURCES:
TENTATIVE CHAPTERISATION:
1. Introduction
2. Definition of misstatement
3. Types of misrepresentation
3.1. Fraudulent Misrepresentation
3.2. Negligent Misrepresentation
3.3. Innocent Misrepresentation
4. Remedies for misrepresentation
4.1. Limitations available to remedies
5. Liability for negligence in a misstatement of torts
6. Conclusion
CONCLUSION:
Overall, we can conclude from the aforementioned factors that a contract is void or
voidable based on the specific circumstances of the case. If a contract is void, it cannot be
enforced by both parties. However, if a contract is interpreted as voidable, it can be canceled or
revoked even if it is a valid contract. In essence, while a void contract cannot be performed, a
voidable contract can be canceled by either of the parties. If there has been a misrepresentation
or error, the contract may be declared void and thus annulled. If there has been duress or undue
influence, the contract may be rendered voidable and thus cancellable.
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