PF Ltd v QI MI [2020] NZDT 1455 (19 April 2021) [pdf, 138 KB]
...Commercial Law Act 2017 states that where a party is induced to enter into a contract by a misrepresentation, they are entitled to damages as if the representation was a term of the contract that had been breached. A misrepresentation is a false statement of fact and may be innocent or fraudulent. A statement of opinion is not generally considered to be a misrepresentation, except if it carries with it representations of past or present fact. A seller is not obliged to point out faults...