Wong intended to retire and wanted to find a buyer for his marketing consultancybusiness.Wong told Chow, a prospective buyer, that his (Wong's) business was making a profit of one million dollars a year.Relying on Wong's statement, Chow bought Wong's business.As Chow had other business interests to look after, it was only three years after he had purchased the business that he discovered the business had been suffering from heavy losses.

i.Advise Chow whether he may sue Wong for misrepresentation.

ii.Explain to Chow the remedies which may be available to him.

Use case law to support your answer.