Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › Confusion
- This topic has 1 reply, 2 voices, and was last updated 7 years ago by
MikeLittle.
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- December 29, 2017 at 4:27 pm #426757
Sir you said my typing of question 2 was incorrect, I could not understand. Also I have confusion in breach of representation and breach of condition. Please clear me in the following
In breach of representation innocent party can claim
Either
a) Rescission of contract + damages
Or
b) only damagesAny 1 between a and b. Right?
In breach of condition innocent party can claim
Either
a) Termination of contract + damages
Or
b) only damagesAny 1 between a and b. Right?
December 29, 2017 at 4:39 pm #426760My reply to your original question that I posted at 18.30 on 27 December said this:
“a) rescission and / or damages when one suffers from a mis-representation
b) termination of contract and damages (if term is a condition), and
damages if term is a warranty
OK?”
That answers all your questions!
Your most recent post … this one … is incorrect and is not a correct interpretation of my original answer
This is wrong:
“In breach of representation innocent party can claim
Either
a) Rescission of contract + damages
Or
b) only damagesAny 1 between a and b. Right?
In breach of condition innocent party can claim
Either
a) Termination of contract + damages
Or
b) only damagesAny 1 between a and b. Right?”
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