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Question 8 (10 Marks) Mr Gibson recently purchased a caf from Cube Pty Ltd on the faith of representation:s made to him by the directors

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Question 8 (10 Marks) Mr Gibson recently purchased a caf from Cube Pty Ltd on the faith of representation:s made to him by the directors of Cube Pty Ltd concerning the past and future profitability of the caf. In fact the historical figures presented to Mr Gibson (in the form of historical accounts) were inflated by 50%, and the projections amounted to nothing more than a series of numbers made up by the directors of Cube in order to induce Mr Gibson to purchase the caf. Having only owned the caf for four weeks, Mr Gibson has discovered that the figures put him by the directors of Cube were false (this can be established by reference to a series of source documents that Mr Gibson has discovered since taking over the cafe). ise Mr Gibson as to whether he can rescind the contract by reliance Advise Mr G Consumer Law. Question 9 (10 Marks)

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