"Even if a statement is true in the sense in which the representor meant it but is so obscure that the representee understands it in another sense, in which it...
Explore NLC Curated Legal Principles
"The general principle which is founded on public policy, is that any transaction that is tainted by illegality in which both parties are equally involved is beyond the pale of...
"The implication of the voidance is that neither party can seek the benefit of the guarantee provided by Central Bank of Nigeria under Act 20 of 1977 because the illegality...
"It is clear that the bilateral agreement between the parties to withhold part of the sum due to appellant under the agreement of loan for the purpose of off-setting the...
"Reliance on the exception of undue influence must be established by positive evidence or strong inference that can be drawn from the surrounding circumstance. Having held the view that the...
"Even if the collateral agreement could, in any sense of which I have my grave doubt amount to a valid variation agreement, surely, such variation which is brought about by...
"Whether or not a party can recover under an illegal contract may depend on whether that party was aware or privy to the illegality because it is unfair, in equity,...
"Generally, the consequence of illegality in relation to the parties contract is that the court will come to the assistance of any party to an illegal contract who wishes to...
"Contracts which are prohibited by statute or at common law, coupled with provisions for sanction (such as fine or imprisonment) in the event of its contravention are said to be...
"In actions for breach of contract, the cause of action accrues for the Plaintiff's benefit from the time the breach is committed and not when the damage is suffered. Thus...
"As a general principle a contract affects the parties to it, and cannot be enforced by or against a person who is not a party, even if the contract is...
"It is also trite law that a person who is not a party to a contract, cannot be held bound by it."