Law of Contract Essay Example | Topics and Well Written Essays - 1500 words - 1

Law of Contract - Essay ExampleJoanne, genus genus Vanessas business advisor and representative, Arnold hid the fact that the wood panelling in FFs sweat room facilities ar rough, unpleasant to the touch, and require repairs, such that without examining the facilities further, Joanne reported to Vanessa that the facilities were first rate. Furthermore, Arnold also informed Vanessa of further improvement he plans to have done on FF prior to the sale, particularly the installation of knead facilities, which he eventually forgone when he discovered the be required for these improvements.Thus, Vanessa, in believing she was entering into a good bargain bought the leisure centre. It was only after buying FF however, that Vanessa discovered several manoeuvre needed to be done on the leisure centre, particularly the need to repair the run-in machines, which costs 10,000 and the need to re-panel the sauna costing 5,000, leading Vanessa to believe she was misled by Arnold into entering th eir constrict of sale. The master(prenominal) issue is therefore whether or not Arnold, in failing to disclose the facts that (a) 20 of the 100 rowing machines were not working, (b) that he no longer intends to install additional massage facilities, and that (c) the wooden panels in the sauna are not in good condition, has committed either a breach of contract or misrepresentation against Vanessa. Furthermore, other issues are also present, particularly whether or not Joanne, in failing to mighty examine the leisure centre and reporting it as first rate to Vanessa renders her liable towards the latter. And whether or not, Vanessa has suffered losses resulting from the bargain and if so, if she can claim damages for her loss.Given the contractual relationship between the parties, a breach of contract would have been committed by Arnold if it can be shown that he violated an expressed or implied term in their transaction, or a collateral contract resulting from their transaction. Hence, if a contract was drawn and terms