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Contract & Tort Law in Australia

   

Added on  2020-05-28

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Running head: LAW OF CONTRACT AND TORT IN AUSTRALIALAW OF CONTRACT AND TORT IN AUSTRALIAName of Student-Name of University-Author note-
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1LAW OF CONTRACT AND TORT IN AUSTRALIAtable of contentsDiscussion:.......................................................................................................................................2Answer 1......................................................................................................................................2Answer 2......................................................................................................................................2Answer 3......................................................................................................................................2Answer 4......................................................................................................................................3Answer 5......................................................................................................................................3Answer 6......................................................................................................................................3Answer 7......................................................................................................................................4Answer 8......................................................................................................................................4Answer 9......................................................................................................................................5Answer 10....................................................................................................................................5References:......................................................................................................................................6
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2LAW OF CONTRACT AND TORT IN AUSTRALIADiscussion:Answer 1In the given case, Mr. and Mrs. Amadio relied upon three causes of action whilechallenging the mortgage guarantee contract they had signed (Babie 2016). They were:Misrepresentation was madeby Vincenzo Amadio.Unconscionable conduct was made by Vincenzo, and the bank, andUndue influence, as they entered the contract on the basis of the relationship of trustwith Vincenzo, their son.Answer 2In the given case, the Appeal Court reversed the trial judge’s decision and held that thebank owed liablity to the Amadios for three reasons. Two of the reasons that the court gave were:The bank had an obligation towards the respondents to reveal the true position of theaccount, andThe transaction was unconscionably done, against which equity would give relief. Answer 3Justice Gibbs, in his judgment, ruled that banks have no obligation to disclose the state ofthe account to a guarantor except in a certain circumstance. He ruled that the requirement of thebank, taking a guarantee, to disclose all facts to a surety arises only when something, betweenthe principal debtor and bank, has taken place, that was not naturally expected and where it
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