123 Wis. 116 | Wis. | 1904
Tbe plaintiff, having been induced to trade horses by misrepresentation or false warranty as to tbe quality of the horse be was receiving, under familiar rules, bad right of election either to stand upon the- contract wbicb tbe defendant bad induced, and to recover tbe damages resulting to him by reason of tbe defective quality of tbe horse wbicb be bad received, or to rescind tbe contract, and, upon returning what be bad received, to recover back that with wbicb be bad parted, or its value if not recoverable in specie. Fairfield v. Madison Mfg. Co. 38 Wis. 346; Park v. Richardson & B. Co. 81 Wis. 399, 51 N. W. 572. It is, of course, apparent, as stated in tbe cases above cited, that tbe remedies above described are wholly inconsistent. Either there is a contract, for breach of wbicb plaintiff is entitled to recover damages, or tbe contract is set aside and goes out of existence, whereby be becomes entitled to a return of that with wbicb be parted on tbe faith of tbe contract. Tbe existence of one situation negatives tbe other.
Tbe exercise of such election is, of course, mental — provable only by some overt act • hence tbe law bas become established that, when a party vested with such election does some decisive act eVincing bis choice, be bas then adopted that position finally, and cannot recede from it, with some exceptions in tbe presence of mistake or ignorance of material facts.
By the Oourt. — Judgment affirmed.