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E-grāmata: Deceit: The Lie of the Law

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Deceit: The Lie of the Law will provide a complete and detailed account of the law of deceit as developed over the past two centuries. This new book by Peter MacDonald Eggers examines the commercial, contractual and civil relationships in which claims in deceit have been made.
Foreword vii
Preface xi
Table of Cases xix
Table of Legislation xxxvii
CHAPTER
1. DECEIT: NATURE, RATIONALE AND FORMULATION
Introduction
1
Deceit and the House of Lords
2
The nature and rationale of the tort of deceit
5
Fraud and damage
5
The moral tort
7
Today's morality
10
Moral distance
14
The formulation of the tort of deceit
16
The ingredients of the tort of deceit
16
Proving fraud
20
Deceit viewed against the genesis of the law of misrepresentation
25
Alternative causes of action based on a fraudulent misrepresentation
28
Deficiencies in the current law of deceit
30
Considerations affecting a restatement of the law of deceit
32
CHAPTER
2. LIES, LAW AND MORALITY
Introduction
37
Lies and morality's relationship with the law
38
Approaches to the content of a moral rule against lying
41
What is morality?
41
Fundamental principles and the relevance of reason
43
The morality of a lie
46
Lying as a social constant
46
Various moral assessments on lying
48
Absolute condemnations of lying
49
Lies are not always immoral
50
The chief elements for a moral examination of a lie
53
Expectation of truth
54
Freedom of speech
56
Damage
58
Other consequences
60
Motive
60
The morality of non-disclosures
62
The influence of morality
64
CHAPTER
3. THE REPRESENTATION
Introduction
67
The nature of the representation
67
Express and implied representations
67
Representations of existing fact
70
Representations of law
72
Representations of states of mind
73
Continuing representations
74
The context of the representation
78
The representation must be false
83
Materiality
88
Deceit by non-disclosure
92
CHAPTER
4. EXAMPLES OF REPRESENTATIONS
Introduction
99
Sale and purchase, leasing and other transactions concerning property
100
Sale and purchase of a business or issue or sale of shares in a company
103
Joint venture and partnership agreements
105
Letters of credit and performance bonds
106
Bills of exchange and financial investments
107
Insurance contracts
107
Credit and loan agreements
108
Credit and character references
109
Construction contracts
110
Settlement agreements and releases
110
Carriage and storage
111
Wasted expenditure
111
Cases tantamount to theft
112
Marital and familial fraud
113
CHAPTER
5. FRAUDULENT KNOWLEDGE AND FRAUDULENT INTENTION
Introduction
115
Capacity
116
Fraudulent knowledge
117
The representor's intended meaning
119
Actual knowledge
121
The second limb of fraudulent knowledge: recklessness
123
Present to the representor's mind
127
Fraudulent intention
129
Motive
130
Intended manner of reliance
136
A defence based on justification?
140
Reconsideration of the fraudulent intention
143
Dishonesty as an ingredient of the tort
144
CHAPTER
6. THIRD PARTIES
Introduction
149
Representations by third parties
149
Procuring a fraudulent misrepresentation
150
Vicarious liability
152
The agent's representations prior to the principal's authority
157
The agent's personal liability
158
Representation to third parties
159
CHAPTER
7. INDUCEMENT
Inducement and the resultant damage: two types of causation
167
The representation need not be the sole inducement
170
The strong and weak senses of inducement
171
Early judicial statements
171
Later judicial statements
176
The case for a requirement of strong inducement
179
The representee's negligence or means of knowledge
182
Knowledge of the truth
188
CHAPTER
8. REMEDIES FOR DECEIT
Introduction
191
Compensatory damages
191
Causation, remoteness and mitigation
192
Measure of damages
197
Date at which damages assessed
201
Loss-making and profitable transactions
203
Section 2(1) of the Misrepresentation Act 1967
207
Contributory negligence
208
Contributory deceit and public policy
210
Exemplary and aggravated damages
211
Avoidance and rescission
215
The nature and effect of the remedies
215
The legal and equitable rights
217
The traditional bars to equitable relief
221
Counter-restitution
227
Restitutionary remedies
227
Proprietary restitutionary remedies
230
Interest
233
Exclusion of liability for deceit
235
Exclusion by contract
235
Exclusion by statute
238
Statute of Frauds Amendment Act 1828
239
Housing Act 1985
241
Limitation of actions
241
The accrual of the cause of action in deceit
241
The limitation period
242
CHAPTER
9. TOWARDS A RESTATEMENT OF THE TORT OF DECEIT
Introduction
247
Testing the boundaries of the tort of deceit
247
A suggested restatement of the law of deceit
252
Index 255
Peter MacDonald Eggers is a barrister at 7KBW Chambers, London.