FAR 2.17% 45.0¢ far limited

From wikipedia - Investors Compensation Scheme Ltd. v West...

  1. 342 Posts.
    lightbulb Created with Sketch. 63
    From wikipedia -
    Investors Compensation Scheme Ltd. v West Bromwich Building Society[1997] UKHL 28 is a frequently-cited English contract law case which laid down that a contextual approach must be taken to the interpretation of contracts.

    Lord Hoffmann set out five principles, so that contract should be construed according to:

    1. What a reasonable person having all the background knowledge would have understood

    2. Where the background includes anything in the 'matrix of fact' that could affect the language's meaning

    3. But excluding prior negotiations, for the policy of reducing litigation

    4. Where meaning of words is not to be deduced literally, but contextually

    5. On the presumption that people do not easily make linguistic mistakes

    I'd take a guess that we may be using his expertise in point 1 and point 4? I wonder if an international court, ruling on the law of Senegal, can cite English contract law?
 
watchlist Created with Sketch. Add FAR (ASX) to my watchlist
(20min delay)
Last
45.0¢
Change
-0.010(2.17%)
Mkt cap ! $41.58M
Open High Low Value Volume
46.0¢ 46.0¢ 45.0¢ $73.66K 162K

Buyers (Bids)

No. Vol. Price($)
1 11062 45.0¢
 

Sellers (Offers)

Price($) Vol. No.
46.0¢ 59508 7
View Market Depth
Last trade - 12.30pm 27/05/2024 (20 minute delay) ?
Last
45.0¢
  Change
-0.010 ( 1.10 %)
Open High Low Volume
45.0¢ 45.0¢ 45.0¢ 6819
Last updated 14.37pm 27/05/2024 ?
FAR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.