A negligent misstatement could traditionally only cover where the words were fraudulent as opposed to merely negligent

Torts 2 Week 5

Quiz
•
Other
•
University
•
Hard

Ella Burton
Used 2+ times
FREE Resource
25 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
True
False
2.
FILL IN THE BLANK QUESTION
1 min • 1 pt
There must be a known, reasonable reliance and/or an assumption of responsibility on the part of the person making the statement. This is a negligent...
3.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
What are some circumstances to determine whether there has been reasonable reliance or assumption of responsibility for a negligent misstatement?
The type of advice and formality of occasion
Special skill/knowledge known to be possessed
An effective disclaimer
Strength/detail of advice and apparent reliance
4.
FILL IN THE BLANK QUESTION
1 min • 1 pt
Financial loss not consequent upon any injury or damage to the plaintiff's property or person... what is this?
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
There is an exclusionary rule for pure economic loss
True
False
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the traditional exclusionary rule prevent?
The plaintiff from potential indeterminate liability
The defendant from potential indeterminate liability
The Court from potential indeterminate liability
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Vulnerability is an essential requirement in determining pure economic loss
True
False
Sometimes
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