Negligent Mistatement Flashcards
(5 cards)
1
Q
Definition
A
Hedley Byrne v heller set out a three stage test
2
Q
Stage one
A
Does d possess any skills relating to the advice given. Only be liable in social situations if they do (Chaudry v prabhaker)
3
Q
Stage two
A
D knows it is likely that c will rely on this advice (mutual life v Evatt)
4
Q
Stage three
A
C relies on the advice and suffers financial loss
5
Q
Stage four
A
It must have been reasonable for c to rely on the advice.
