Read the full judgment text of HCA 007023/1984 on BabelCite. This High Court CFI judgment.
1. This was a claim for damages for fraudulent or, in the alternative, negligent misrepresentation. It was not in dispute that the plaintiff had been carrying on the business of manufacturing and selling quartz watches. These watches were of the liquid crystal display ("LCD") type but towards the end of 1983 the market for this type of watch was falling. Although he had not dealt in the analog type watch before, the plaintiff was informed that the market for that type was still good, but that it