Title: Legal Problems
|Date:||May 20, 2015|
|Length:||5 / 1262|
|No of views:||0|
|Essay rating:||good 0, average 0, bad 0 (total score: 0)|
256) as John and the Conman formed a unilateral contract when the Conman.
The Conman has sold the goods to Stephen before John could rescind the contract making Stephen the bona fide third party (Butterworths Business & Law Dictionary, p. 67). He has purchased the vehicle in good faith (Gibson & Fraser p 320)...
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This is similar to the case in Lewis V. Averay  1 QB 198.
If Stephen were to have the car repossessed by order of the courts and given back to John, the original owner, he would have little or no chance of getting compensation from the Conman. Stephen purchased the car in good faith. The contract between John and the conman is only voidable as they met face to face, and precedent assumes they John did not intend to form a legally binding contract with the conman...
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