Redgrave v Hurd (1881) 20 Ch D 1

A solicitor purchased into the partnership in the solicitors' firm. He was told the partnership had an income of £300 per year and was given the opportunity to look at the accounts. He declined the offer to check the accounts and took them at their word. In fact the income was only £200 per year.

Held:

He was entitled to rescind the contract as he relied on the statement. The fact that he had declined the offer to check the books reinforced rather than negated that reliance.

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