pure economic loss

Question 1

mutual life and citizens assurance v evatt
FACTS

Answer 1

c suffered economic loss after relying on advice requested from ds insurance company about the financial stability of its subsidiary

Question 2

mutual life and citizens assurance v evatt
LEGAL PRINCIPLE

Answer 2

no duty owed as didnt hold themself to have expertise in this area

Question 3

chaudry v prabhakar
FACTS

Answer 3

c wanted to buy a car and asked d to assist her as he claimed to be knowledgeable on the subject, she got a car recommended by d. The car was unroadworthy due to damage from a car accident

Question 4

goodwill v british pregnancy advisory service
FACTS

Answer 4

a man had a succesful vasectomy and was told he didnt need to use any contraception. However a woman became pregnant with his baby as it had reveresed

Question 5

goodwill v british advisory service
LEGAL PRINCIPLE

Answer 5

it is also not foreseeable if the c belongs to a group of potential c that is too large

Question 6

JEB fastener ltd v marks bloom and co
FACTS

Answer 6

they are buying a company, d had conducted an audit for the business which flagged up issues. when c took over they suffered damage

Question 7

JEB fastener ltd v marks bloom and co
LEGAL PRINCIPLE

Answer 7

d owed c a duty but as c knew accounts seemed wrong, d not guilty