Pure Economic Loss- COMPLETE Flashcards
1
Q
Which case establishes that pure economic loss cannot be claimed for?
A
Spartan Steel V Martin & co.
2
Q
What type of losses usually amount to a successful claim?
A
Consequential losses.
3
Q
Why can you not claim for PEL?
A
-‘Floodgates’
4
Q
What does Hedley Byrne V Heller establish?
A
- must be a special relationship between the D and C.
-The five criteria must be met.
5
Q
What must be written about after PEL?
A
-breach
-damage
-defences
-damages
