help Help

Question

Peek v. Gurney is a famous case relating to:

Option A: Mistake

Option B: Misrepresentation

Option C: Fraud

Option D: Frustration of contract

Correct Answer

Option: c

Explanation

Peek v. Gurney, (1873) LR 6 HL 377 is a famous case relating to fraudulent misrepresentation and not fraud. The appellant purchased shares on the faith of false statements contained in a prospectus issued by the promoters of the company. The appellant was not a person to whom shares have been allotted to on the formation of the company. He had merely purchased shares from such allottees. House of Lords held that the prospectus was only addressed to the first applicants for shares. It could not be supposed to extend to others other than these. Thus, the appellant’s action against the promoters failed since the false statements in the prospectus were not addressed to him. Lord Cairns expressed his agreement with the observations of Lord Chelmsford and Lord Colonsay that mere silence could not be a sufficient foundation for the proceedings: “Mere non-disclosure of material facts, however morally censurable, however that non-disclosure might be a ground in a proper proceeding at a proper time for setting aside an allotment or a purchase of a share, would in my opinion form no ground for an action in the nature of an action for misrepresentation”.

Sample Mock Tests for Practice

THE LIMITATION ACT, 1963 (PAPER 04 Q. NO. 121 TO 160)

UTTARAKHAND LOWER JUDICIAL SERVICES 2022

MADHYA PRADESH LOWER JUDICIAL SERVICES 2018(2)

THE NEGOTIABLE INSTRUMENTS ACT, 1881 (PAPER 02 Q. NO. 41 TO 80)

MADHYA PARDESH LOWER JUDICIAL SERVICES 1998

THE INDIAN EVIDENCE ACT, 1872 (PAPER – 04 Q. NO. 121 TO 160)

THE CODE OF CIVIL PROCEDURE, 1908 (PAPER – 14 Q. NO. 521 TO 560)

THE INDIAN CONTRACT ACT, 1872 (PAPER – 18 Q. NO. 596 TO 636)

THE INDIAN FORESTS ACT, 1927 (PAPER 01 Q. NO. 1 TO 43)

THE HIMACHAL PRADESH URBAN RENT CONTROL ACT, 1987 (PAPER 01 Q. NO. 1 TO 30)

THE SALE OF GOODS ACT, 1930 (PAPER – 01 Q. NO. 1 TO 35)

THE CODE OF CRIMINAL PROCEDURE, 1973 (PAPER – 15 Q. NO. 561 TO 600)

The Hindu Marriage Act, 1955 (Paper 01: Q. 1 to 25)

CLAT 2022

THE SPECIAL MARRIAGE ACT, 1954 (PAPER 01 Q. NO. 1 TO 10)

THE TRANSFER OF PROPERTY ACT, 1882 (PAPER 09 Q.NO. 321 TO 345)

AIBE-XV-2021-I (BCI-JAN-2021-SET-C) (ALL INDIA BAR EXAM 2021-I)

MAHARASHTRA LOWER JUDICIAL SERVICES 2019

The Hindu Marriage Act, 1955 (Paper 02: Q. 26 TO 50)

ODISHA LOWER JUDICIAL SERVICES 2011

MAHARASHTRA LOWER JUDICIAL SERVICES 2022

HIMACHAL PARDESH LOWER JUDICIAL SERVICES 2012

CLAT 2013

AILET – National Law University Delhi Entrance Test (NLU 2012)

THE LIMITATION ACT, 1963 (PAPER 07 Q. NO. 241 TO 269)

MADHYA PRADESH LOWER JUDICIAL SERVICES 2019(2)

THE SPECIFIC RELIEF ACT, 1963 (PAPER – 07 Q. NO. 211 TO 231)

THE CONSUMER PROTECTION ACT, 1986 (PAPER 01 Q. NO. 1 TO 13)

THE CODE OF CRIMINAL PROCEDURE, 1973 (PAPER – 18 Q. NO. 681 TO 720)

THE JUVENILE JUSTICE (CARE AND PROTECTION OF CHILDREN) ACT, 2000 (PAPER 01 Q. NO. 1 TO 13)

THE TRADE MARKS ACT, 1999 (PAPER 01 Q. NO. 1 TO 8)

THE CONSTITUTION OF INDIA, 1949 (PAPER – 03 Q. NO. 71 TO 105)

THE CHHATTISGARH RENT CONTROL ACT, 2011 (PAPER 01 Q. NO. 1 TO 8)

THE CONSTITUTION OF INDIA, 1949 (PAPER – 13 Q. NO. 421 TO 455)

THE CONSTITUTION OF INDIA, 1949 (PAPER – 12 Q. NO. 386 TO 420)

THE CODE OF CIVIL PROCEDURE, 1908 (PAPER – 20 Q. NO. 761 TO 800)

home

HOME

article

MOCK TESTS

check_circle

MY TESTS

settings

PROFILE

JusCuriam is a legal blog that provides easy-to-understand legal education and services. We simplify complex legal terms and explain landmark judgments to help laymen understand the law.

Useful Links

Legal Links

Blog

Reach Us

Office- B-2/684/2, Near Old Telephone Exchange, Barnala – 148101

Developed and Managed by Woocoders

Youtube facebook whatsapp web weather translate google amazon gmail google translate Instagram cricbuzz traductor Hotmail restaurants satta king tiempo twitter googel maps Yandex Sarkari result clima hotels fb yahoo maps chatgpt yahoo mail weather tomorrow Netflix roblox nba wordle tradutor livescore premier league ibomma speed test canva pintrest outlook Instagram login omegle flipkart myntra paypal paytm Alibaba ebay lottery sambad linkedin tiktok shein bbc news real madrid gmail login Walmart ikea cricket snaptik flashscore English to hindi twitch google scholar Barcelona Sarkari Naukri matrimonial shadi lgbtq third gender woman children Advocate barrister vakil supreme court high court commissioner exams ll.b ll.m ugc net law ph.d. m.b.a. graduation degree certificate school additional session judge civil judge justice jurists crime criminology punishment capital sentence death warrant fine constitution of india criminal procedure code civil procedure code evidence act sale of goods act arbitration act all india bar exam lower judiciary higher judiciary additional district attorney contract act amendment act u.s. constitution Canada p r section article schedule judgment vacancy post Porsche louis Vuitton chanel Gucci Hermes dior cartier rolex titan tiffany & co Ferrari estee lauder coach lancome burberry prada omega yves saint Laurent Lamborghini ray-ban Armani Moncler tata reliance Givenchy celine Bentley tag Heuer sk-II can cleef & arpels bulgari Shangri-la lao feng xiang dabur baidyanath cipla birla monte carlo loewe rolls-royce bottega-veneta jaege-leCoulture Maserati valentino dolce & gabbana Salvatore Ferragamo sulwhasso tom ford Maruti Suzuki Hyundai kia intercontinental Tissot aston martin ysl beauty fendi Versace kenzo la mer longines gold price sensex human rights pollution