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Hubert is a solicitor in an old, established and respected law firm. Cyril is a longstanding client and friend, who has long entrusted some of
Hubert is a solicitor in an old, established and respected law firm. Cyril is a longstanding client and friend, who has long entrusted some of his
most delicate family matters to Hubert.
In the course of advising Cyril as to how best invest his large amounts of money, Hubert suggests that, given five years, a particular piece of
property will probablv be worth much more than it is now. Coincidentallv, the property belonas to Huberts wife Marion.
Cvril enters into a contract to purchase the propertv. but before takina possession discovers that it is flood-prone and salt-affected. and that it is
hiahlv likelv that he will make a loss on resale. Cvril desperate v wants to get out of the contract.
Required:
Advise Cyril if he can avoid the contract? If yes, explain the principles of Contract Law he should rely on. Refer to at least one case in
support or your answer.
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