Abuse of position Flashcards
(4 cards)
1
Q
what is the AR?
A
failing to disclose information D has a legal duty to disclose
2
Q
give examples of different legal duties
A
statute, contractual, transaction of good faith, financial relationship
3
Q
what is the MR?
A
dishonesty or intention to make gain or cause/risk loss to another
4
Q
when is a remedy available to V and what is this?
A
If V changed their position due to the failure, V can cancel the contract, reclaim monies + damages for loss
