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Updated: Aug 20, 2021

A seller does not have to make any representations with reference to his goods. Silence does not constitute misrepresentation unless the circumstances are exceptional. When a person makes an offer, he cannot state that silence will be taken as an acceptance. However, in contracts which are uberrimaie fidei there is a duty to make all relevant facts known.

Reference: The Penguin Business Dictionary , 3rd edt.

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James Knight
Editor of Education
James is a lead content editor for Invezz. He's an avid trader and golfer, who spends an inordinate amount of time watching Leicester City and the… read more.