Contract Law Second Term - MISTAKE AND MISREPRESENTATION Flashcards
Pitt v Holt, per Lord Harman?
‘True requirement is for there to be a causative mistake of sufficient gravity’
When is the only time future intention is actionable as a statement of MR?
When the person know they have no intention/cannot do it; MR of existing intent
Hartog v Colin & Shields
Argentine hare skins
What was the type of mistake in McRae?
Deliberately induced mutual mistake without reasonable grounds
What are the three important points in Great Peace?
(1) Extremely narrow view of mistake, (2) emphasis placed upon construction of contract and (3) drew an analogy between cases of common M an cases of frustration
Hailbut, Symons & Co v Buckleton
Consider context of statements for MR
CoA denied appeal to HoL because insignificant damages, but noted both academic and judicial criticism of s.2(1) MRA
Forest International v Fosters Marketing
Who said it was ‘too soon’ to throw Solle and the case law it generated ‘into oblivion’?
McKendrick
What case showed that a claim for damages for NMS is vulnerable to rule on remoteness?
The Wagon Mound
What type of remedy is rescission and when is it used?
Equitable, and only when parties can be restored to their original positions
What case explains the workings of rescission for MR?
Car & Universal Finance Co v Caldwell
When is an opinion considered actionable as an MR statement?
When it is ‘by the one who knows best’ and implied he knows facts to justify it
Why was the description of land as ‘fertile and improvable’ in Dimmock v Hallett not seen as a statement of fact?’
‘Flourishing description’
What case gives the requirements for FMR?
Derry v Peek
How could the outcome have been different in Leaf v International Galleries?
If it had been FMR instead of IMR
Why would C use FMR over s.2(1)?
If C has been careless and wishes to avoid CN
What type of action is FMR?
Tortious, not contractual
What was the type of mistake in Cundy v Lindsay and effect on contract?
A thinks B is C so void
What was Nicholls’ view in Shogun Finance on the tension between face-to-face and written contract dealings?
Same principle should be applied ‘irrespective of the precise mode of communication’
Dimmock v Hallett
Fertile and improvable land
What case shows that A’s right to rescind is restricted if it would affect subsequently acquired rights by C, a bona fide purchaser?
Lewis v Averay
Example of res extincta?
Couturier v Haste; Scott v Coulson
How did MacMillan describe the case of Bell?
a ‘failed case of fraudulent misrepresentation’; ‘hard cases really do make bad law’
What are the two types of remedies for misrepresentation?
Damages (backward looking) and/or rescind the contract