In this case, it concerns misrepresentation. A party to a contract who wishes to show that he was induced to enter into the contract by a misrepresentation must prove one of the following: (1)that the statement which he claims he relied on, was a statement of fact, not an expression of opinion or a statement of law (2)that the statement was made before, or at the time, the contract was entered into (3)that the statement …
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…contract. But now Bob throw the book in the firm, the remedy may be lost, because the original position cannot be restored. It is advised that A1 need not return £ 3,000 to Bob because he makes a innocent misrepresentation only. The contract between both of them can be rescission when Bob does not throws the book in the fire. The court may grant damage instead of rescission but not actually £ 3,000.