A party who receives representations but directs its own staff to independently verify those representations from source documents will not be found to have relied on the representations for the purposes of a misleading conduct claim under the Trade Practices Act, particularly where the decision-maker was not prepared to contract on the basis of the representations alone. The cause of action for breach of contract accrues at the date of breach, not the date of election to terminate, and interest runs from the date of breach even where the innocent party initially sought specific performance.
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