Statement

1. Mere puff (no remedy)

2. Representation

2.1. Fraudulent

2.1.1. Remedy

2.1.1.1. Tort of deceit

2.2. Innocent

2.2.1. No remedy at common law

2.3. Negligent

2.3.1. Remedy

2.3.1.1. Tort of negligence

3. Term (Express or Implied)

3.1. Part of the Contract

3.1.1. Condition (essential)

3.1.1.1. Breach

3.1.1.1.1. Valid exclusion clause

3.1.1.1.2. No exclusion clause

3.1.2. Warranty (inessential)

3.1.2.1. Breach

3.1.2.1.1. Valid exclusion clause

3.1.2.1.2. No exclusion clause

4. Collateral contract

4.1. Prerequisites 1. Intention by the person making the statement 2. Reliance by the person alleging the existence of a contract 3. Intention by the maker of the statement to guarantee its truth

4.1.1. If YES to the prerequisites, then the contract is valid

4.1.1.1. Is it enforceable? Consider:

4.1.1.1.1. The statement must be promissory

4.1.1.1.2. Not supported by past consideration

4.1.1.1.3. Consistent with the main contract