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High Court Wellington
24 June; 9 August 1960
Richmond J.
24 June; 9 August 1960
Richmond J.
Contract — Breach — Warranty — Statement made some time before contract of sale may be warranty — Supporting consideration is later entry into contract of sale.
Contract — Breach — Damages for breach of warranty — Revenue-producing asset needing repair — Damages for loss of revenue while being repaired — Irrelevance of extension of period of repair because of purchaser's impecuniosity.
Damages — Measure of damages — Breach of warranty as to condition of revenue-producing assets — Allowance for loss of revenue during period reasonably taken up by repairs — Not to be increased if repairs delayed by plaintiff's impecuniosity.