AM v BN [2022] NZDT 176 (29 September 2022) [pdf, 103 KB]
...he says he did not sell the car to Mr AM. 2. When two people agree for one of them to sell a car and the other person agrees to buy that car, and the buyer pays for the car with either money or something of value eg a car swap, a contract is formed between the two parties. Section 135 of the Contract and Commercial Law Act 2017 (“CCLA”) provides that it is an implied condition of that contract that the seller has the right to sell that car. If the effect of a security interest...