negligent misstatement Flashcards
(4 cards)
spartan steel
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
weller v foot and mouth institute
disease spread to cattle rendring htem unsaleable and killing mamy of them - difficult for courts to calcualte future loss od earning
hedley byrne v heller
sought financila referecne form bank which turned ou;t to be incorrect - not liablr sa there was an effective disclaimer
chauhdhry v prabhakar
relying on a friends recommenfdation on cars - could still be calim