Monday, November 18, 2013

The statement must actually induce the contract


That the statement must actually induce the contract means that:

• the statement must have been made by one party to the contract to the other, and not by a third party;
• the statement must have been addressed to the person claiming to have been misled;
• the person claiming to have been misled must have been aware of the statement; and
• the person claiming to have been misled must have relied on the statement.

In Horsfall v Thomas  Horsfall made and sold a gun to Thomas. He concealed a fault in it by means of a metal plug, and Thomas did not examine the gun. After short usage, the gun blew apart. Thomas claimed that he had been misled, by the presence of the plug, into buying the gun. It was held that the plug could not have misled him, as he had not examined the gun at the time of purchase. In Attwood v Small  a false statement as to the profitability of a mine was not a misrepresentation as the purchaser did not rely on it; he commissioned an independent survey of the mine. On the other hand, in Redgrave v Hurd where the purchaser of a business declined to examine the accounts which would have revealed the falsity of a statement as to the business’s profitability, there was a misrepresentation. Because he declined to examine the accounts, he clearly relied on what was said to him about profitability; he was not under a duty to check the truth of the statement.

Whether the reliance was reasonable or not is not material once the party claiming misrepresentation shows that they did, in fact, rely on the statement. See Museprime Properties Ltd v Adhill Properties Ltd in which an inaccurate statement contained in auction particulars, and repeated by the auctioneer, was held to constitute a misrepresentation, in spite of the claims that it should have been unreasonable foranyone to allow themselves to be influenced by the statement. This view was confirmed in Indigo International Holdings Ltd & Another v The Owners and/or Demise Charterers of the Vessel ‘Brave Challenger’; Ronastone Ltd & Another v Indigo International Holdings Ltd & Another However, it should be noted that in Barton v County Natwest Bank the court indicated that an objective test would be applied to determine reliance. If, objectively, there was reliance, this was a presumption which was rebuttable.

 UNDUE INFLUENCE

Transactions, either under contract or as gifts, may be avoided where they have been entered into as a consequence of the undue influence of the person benefiting from them. The effect of undue influence is to make a contract voidable, but delay may bar the right to avoid the agreement. There are two possible situations relating to undue influence.


 CONTRACTS AND PUBLIC POLICY


It is evident that some agreements will tend to be contrary to public policy. The fact that some are considered to be more serious than others is reflected in the distinction drawn between those which are said to be illegal and those which are simply void.

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