Nice car, shame about the usage…

As promised, the blog will be used to build up your database of decided cases for ACCA F4 purposes and increase your CLOUT in the F4 exam room.

Case 190 1997

The defendant, an Austrian seller of imported Italian cars, sold a Lamborghini Countach to the plaintiff, a Swiss buyer. The seller, however, was not able to make delivery of the car to the buyer.

The court held that as the car was purchased for personal use (if I had one I wouldn’t let anybody else drive it!), in accordance with Article 2(a), the CISG did not apply to the case.

However, the court indicated that the CISG could have been applied to the case if the fact that the seller ‘neither knew nor ought to have known that the goods were bought for any such use’ had been proved by the buyer.

Is this worth smiling for?
Are you happy when you spend money? I guess the answer depends on what you’re spending the money on but over in China, KFC have[..]
An awkward mistake.
Have you ever sent an email to the wrong person by mistake? What about posting something on social media which, with hindsight you’d wished you[..]
OMG - will these hit the shelves?
Procter & Gamble, or P&G as it’s commonly known, is one of the world’s largest companies and has an incredible portfolio of products including Gillette,[..]
Grant Thornton fined £4million.
Grant Thornton, the mid-tier accounting firm has been fined £4m and reprimanded by the Financial Reporting Council (FRC). So, what did they do wrong? It[..]
Something to crow about...
At the time of writing the Puy du Fou historical theme park in France has got over 12,000 TripAdvisor reviews and a 5 star rating.[..]