Griffin v. Farrier

Under ordinary circumstances an assertion by an owner of property,'offered for sale, as to its value, although false, does not charge the vendor with legal responsibility, for the reason that it will rarely occur that a party to a contract of sale has been induced without culpable negligence on his own part to enter into it in reliance upon the expressed opinion of the adverse party as to the value of the property. Misrepresentations, in order to constitute actionable fraud, must be as to material ^facts of a nature to affect the conduct, of others; and, generally, a mere statement of an…