Economic loss

Economic loss

1st - 2nd Grade

27 Qs

quiz-placeholder

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Economic loss

Economic loss

Assessment

Quiz

Arts

1st - 2nd Grade

Practice Problem

Medium

Created by

Ffion Jones

Used 5+ times

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27 questions

Show all answers

1.

OPEN ENDED QUESTION

3 mins • Ungraded

Exceptional situations where pure economic loss is recoverable include:

Evaluate responses using AI:

OFF

Answer explanation

Loss caused by negligent misstatement; and Loss caused by negligent professional conduct

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which case established the original approach towards Negligent Misstatement

Derry v Peek

Hedley Byrne v Heller

Candler v Crane & Christmas

Esso Petroleum v Mardon

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which judge gave a dissenting judgement in the case of Candler v Crane & Christmas?

Lord Munce

Lord Denning

Lord Bridge

Lady Hale

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The new approach is..

Words/advice can be economic loss

Words/advice cannot be negligent

Words/advice can be negligent

Words/advice cannot be economic loss

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The case of Esso Petroleum v Mardon deals with?

The importance of D’s ‘special knowledge’

the importance of pure economic loss

negligent misstatement

economic loss

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which case showed the need for r ‘real reliance’.

Al Saudi Banque v Clarke Pixley [

Yuen Kun Yeu v Attorney General of Hong Kong

JEB Fastners Ltd v Marks Bloom & Co

Caparo Industries v Dickman

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Consequential economic loss is recoverable

true

false

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