Pure Economic Loss Flashcards
1
Q
Courts usually don’t allow for claims
A
( Startan steel v Martin )
2
Q
Exception to the rule
A
Negligent misstatement
( Hedley byrne v Heller )
3
Q
5 Criteria for special relationship
A
D has special skill or expertise
D must voluntarily assume responsibility.
Known user
Known Purpose
Reasonable to rely on D statement
4
Q
Special Skill or expertise
A
( Smith v Eric Bush )
5
Q
Voluntarily assume responsibility
A
( Hedley Byrne v Heller )
6
Q
Known User
A
( Caparo v Dickman )
7
Q
Known Purpose
A
( Caparo v Dickman )
8
Q
Reasonable to rely on statement
A
( Smith v Eric Bush )
