14 Jun 1985
SUN HUNG KAI CREDIT LTD v. SZETO YUK MEI AND OTHERS
- Citation
- SUN HUNG KAI CREDIT LTD v. SZETO YUK MEI AND OTHERS
- Court
- District Court
- Case number
- DCCJ3549/1985
The guarantor is bound by the signed guarantee despite his claimed mistake because he was careless in signing a blank document; the guarantee was supported by consideration because the plaintiff's delivery occurred upon entering the hire purchase agreement and any earlier dealer delivery was a bailment at will, not the plaintiff's delivery; the phrase "hire charges up to the termination hereof" in condition 7(1)(e) is void for uncertainty and the court will not import the Rule of 78 to rectify that uncertainty, but the uncertainty does not void the entire minimum payment clause and the plaint…