What is the ratio in Bisset v Wilkinson?

A statement understood by both parties as genuine opinion, honestly held by the maker, cannot constitute misrepresentation even if it proves incorrect.

What did the court decide in Bisset v Wilkinson?

The Privy Council held that Wilkinson's statement about sheep carrying capacity was genuine opinion, not misrepresentation, as both parties understood it as such.

Why is Bisset v Wilkinson important for contract law?

It establishes important protection for genuine opinion statements and shows the contextual factors courts consider when distinguishing actionable misrepresentation from protected opinion.

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