JEWSON & SONS, LTD. v. ARCOS, LTD.
(1933) 45 Ll.L.Rep. 326
KING'S BENCH DIVISION.
Before Mr. Justice Branson.
Sale of goods-Fraudulent misrepresentation -Purchase of timber by plaintiffs from defendants-Reliance by plaintiffs on promise by defendants that they would not sell to other buyers on more favourable terms than those to be set out in price list to be issued-Plaintiffs bound not to sell under a fixed minimum price until January, 1931- Discovery by plaintiffs after January, 1931, that defendants had already contracted with H. & Co. to supply them with timber at a lower price than that provided for in plaintiffs' agreement - Caveat emptor - Defendants' duty to disclose-Measure of damages