5)account of profit Flashcards
1
Q
1
A
- account fo rany profit made from breach
- beneficiary’s loss is irrelevant
(Boardman)
2
Q
2(1)
A
- only cause/ but-for
- liable regardless which causation test
(Majority in Murad or Clarke)
3
Q
2(2)
A
- other causes/ does not satisfy but-for
- what sort of causal link between braech and profit
4
Q
3
A
no causation
as long as profit within scope of fiduciary duty
(Majority Murad)
5
Q
4
A
some sort of causation required (Kao Lee and Tripole)
one of causes, and contirbuted more than de minimis to the profit (Rebacca Lee)
6
Q
5
A
but for test for quantum more equitable (Clarke)
7
Q
6*
A
equitable allowance
discretionary considering all factors (effort, good faith)
(Boardman)
limiting the period (Warman)
8
Q
7*
A
- unable distinguish from breach/legitimate = presumed derive from breach (Murad)
- includes indirect benefits (Murad)