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CA Foundation doubt

Mrs. Swati owned a motor car. He approached Mr. Mottu and offered to sell his motor car or ₹3,00,000. Mrs. Swati told Mr. Mottu that the motor car is running at the rate of 30 KMs per litre of petrol.

Asked by ISHAN22 Nov 2024601 views

2 answers

  1. Aditi · 24 Nov 2024

    No the contact is valid . And Doctrines of caveat emptor will be applied here as Mr mottu should have checked as a man of ordinary prudence would before accepting the offer and He cannot rescind the contract on this ground of misrepresentation.

  2. ISHAN · 22 Nov 2024

    In some questions institute uses exception of misrepresentation that they can't rescind by saying that buyer should mean to discover truth by a ordinary prudence but in some cases they apply only misrepresentation provision and final conclusion that the buyer can rescind the contract

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