econ loss and Neg mistatement

Question 1

econ loss

Answer 1

consequential- direct consequence of physical injury or negligent act (spartan steel)

Question 2

negligent misstatement
definition

Answer 2

D makes that C relies on and suffers loss of money
Hedley burn err out 4 stages

Question 3

stage 1

Answer 3

does D possess special skills relating to advice given

Question 4

stage 2

Answer 4

Does D know it is is highly likely that C will rely on advice (mutual life)

Question 5

stage 3

Answer 5

C relies on advice and suffers loss

Question 6

stage 4

Answer 6

must be reasonable for C to rely on advice
Caparo- relationship and proximity