Paul is looking for a second-hand car when he sees an


Paul is looking for a second-hand car when he sees an advertisement in his local evening paper which reads:

SLICK CAR SALES LTD

Hundreds of used car bargains. Lowest prices you've ever seen. Definitely the lowest prices in  Britain

All cars purchased this month will include Road Fund Tax, Radio, Stereo and a full tank of petrol Paul visits the showrooms of Slick Cars and selects a car priced £3,995 which the salesman tells him is a 1994 Mondeo which has done 30,000 miles and has had only one owner. Paul signs a sales agreement which describes the car as '1994 Ford Mondeo. Cayman Blue. Registration Number L931 AJU'.

(a) From the facts given above, identify an example of each of the following: trader's puff, a representa- tion, a condition and a warranty.

(b) What remedies will be available to Paul if any of the statements you identified in your answer to (a) turns out to be false?

(c) Identify three terms which will be implied into the contract.

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Accounting Basics: Paul is looking for a second-hand car when he sees an
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