Mr. Manfredi And Happyhippie Case

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In given case study about Mr Manfredi and HappyHippie Pty Ltd
This essay will discuss the requisite elements for establishing Fraudulent Misrepresentation. Where false information is provided with knowledge, or without belief in its truth, or recklessly, or carelessly as to whether it is truth or false, with the intention to induce a person to enter into a contract, causing the innocent party to suffer. This area of business law is supported by a number of cases, which have established and clarified the factors required to mount an argument for damages based on negligent misstatement. In this case Mr Manfredi is the innocent party to suffer as HappyHippie intentionally provide Mr Manfredi with false historical account, which were inflated …show more content…

As this case is about unfair trade and misleading representation leading to business activities. Mr. Manfredi was given intentionally. Krakowski v Eurolynx Proprieties Ltd [1995] established, by way of obiter that a fraudulent misrepresentation that cause pure loss of innocent party intentionally or recklessly. In the scenario provided by one party (Mr. Manfredi) acted upon the historical figure provided by another (Elvis Eggplant), by entering into a financial transaction and purchase vegetarian café from HappyHippie Ply Ltd only on base of faith on HappyHippie Pty Ltd, But the historical figure shown by HappyHippie Pty Ltd were inflated by 60%. While in Krakowski v Eurolynx Proprieties Ltd [1995] due to failure to disclose of all information at time of settlement by Eurolynx Proprieties Ltd therefore it was misleading and considered as …show more content…

the bill of lading showed the shipment date as 15th December 1976 which was the last date for payment, while in fact shipment was on 16th December. So the Defendant bank refused to pay. In our case the past and future profitability of café was inflated by 60% on which base Mr. Manfredi purchased the café. But it can not be seen that HappyHippie Pty Ltd Director Elvis Eggplant know that Mr. Manfredi would only rely on its decision at that point of time. But Mr. Manfredi was having faith on representation of Elvis Eggplant therefore he is responsible for the sale of

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