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negligent misstatement Flashcards

(4 cards)

1
Q

spartan steel

A

severed power supply led to loss of power to factory
- damage tomelts on prodcution line could be claimed for as physical damage
- loss of profits on those melts can be claimed as co;nsequential loss
- loss of prosepctive profits not claiemd for as purely economic

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2
Q

weller v foot and mouth institute

A

disease spread to cattle rendring htem unsaleable and killing mamy of them - difficult for courts to calcualte future loss od earning

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3
Q

hedley byrne v heller

A

sought financila referecne form bank which turned ou;t to be incorrect - not liablr sa there was an effective disclaimer

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4
Q

chauhdhry v prabhakar

A

relying on a friends recommenfdation on cars - could still be calim

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