Spencer, Mavis v Hansle, Dennis and Hansle, Petal

Oral Contract for Sale of land – Section 4 of the Statute of Frauds – Deposit made to Vendor – Receipt issued for deposit – Whether receipt sufficient act of part performance – Whether consideration has wholly failed – Promissory Estoppel – Forfeiture of Deposit – Innocent /Negligent/Fraudulent misrepresentation – Caveat against Dealings – Evidence – How to deal with issue of credibility.