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Jolly v Palmer () 1 NZLR 658 is a cited case in New Zealand regarding the legal enforcebility of a contract where there is a breach of a stipulation. ==Background== In 1982, the Palmers purchased the Jolly's house for $25,000 under an unconditional purchase agreement. However, when they tried to apply for a Housing Corp mortgage, they were shocked to discover that the government valuation of the house was not $21,000 as they thought, but only $15,500. This mistake made it very hard to qualify for a mortgage for the house. Despite knowing this mistake, they then applied to a Building Society for a mortgage, which they were unsuccessful. The Palmers then tried to cancel the contract due to misrepresentation, and the Jolly's resold the house to a 3rd party for $22,500, and sued them for $4970 in damages. 抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)』 ■ウィキペディアで「Jolly v Palmer」の詳細全文を読む スポンサード リンク
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