LAWS104 Lecture Notes - Lecture 7: Rescission, Australian Consumer Law, Law Reports

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LAWS104 Lecture
Week 7 [Misrepresentation; Misleading or Deceptive Conduct; Mistake]
Vitiating Factors
- Common law and equity
o Misrepresentation
o Mistake
o Duress
o Undue influence
o Unconscionable conduct
- Statute
o Misleading or deceptive conduct, unconscionable transactions and unfair
contracts terms (Australian Consumer Law)
o Unjust contracts (Contracts Review Act (NSW))
Misrepresentation
- Representations may be false fraudulently, negligently, or innocently
- Usually rescission and/or damages available
- Alternatives to rescission
o Action in deceit
o Action in negligence
o Action for misleading or deceptive conduct (under statute)
- Actionable misrepresentation at common law
o Statement of fact
Edgington v Fitzmaurice (1885) 29 Ch D 459
Smith v Land & House Property Corp (1884) 28 Ch D 7
o Statement must be false
Dimmock v Hallett (1866) LR 2 Ch App 21
o Statement must induce
Holmes v Jones (1907) 4 CLR 1692
Redgrave v Hurd (1881) 20 Ch D 1
Dadouria Group Iteratioal v Sis []  Lloyds ‘ep 
- Materiality
- Rescission and alternatives
- Law of Tort
o Derry v Perk (1889) 14 App Cas 337
o Esso Petroleum Co Ltd v Mardon [1976]
- Statute
o Misleading or Deceptive Conduct
o S 18 Australian Consumer Law
Misleading of Deceptive Conduct
- S 18 Australian Consumer Law
o A perso shall ot, i trade or coerce, egage i coduct that is
isleadig or deceptive or is likely to islead or deceive
- Coduct
o Tobacco Institute of Australia Ltd v AFCO (1993) ATPR 41-199
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Week 7 [misrepresentation; misleading or deceptive conduct; mistake] Common law and equity: misrepresentation, mistake, duress, undue influence, unconscionable conduct. Statute: misleading or deceptive conduct, unconscionable transactions and unfair contracts terms (australian consumer law, unjust contracts (contracts review act (nsw)) Representations may be false fraudulently, negligently, or innocently. Alternatives to rescission: action in deceit, action in negligence, action for misleading or deceptive conduct (under statute) Law of tort: derry v perk (1889) 14 app cas 337, esso petroleum co ltd v mardon [1976] Statute: misleading or deceptive conduct, s 18 australian consumer law. Common mistake: pritchard v mercha(cid:374)t(cid:859)s & trades(cid:373)a(cid:374)(cid:859)s mutual life assura(cid:374)ce society (cid:894)(cid:1005)(cid:1012)(cid:1009)(cid:1012)(cid:895) 140 er 885: associated japanese bank ltd v credit du nord sa [1988] 3 all er 902, leaf v international galleries [1950] 2 kb 86, mcrae v commonwealth disposals commission (1951) 84 clr 377. Common mistake in equity: solle v butcher [1950] 1 kb 671, great peace shipping ltd v tsavliris salvage ltd [2003] qb 679.

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