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4 Found helpful • 8 Pages • Essays / Projects • Year: Pre-2021 • Previously uploaded under: LAW203 - Torts
Scenario A 1. Advise Brad if he has any potential action in negligent statement leading to pure economic loss. Brad may commence legal proceedings against the accountant and the agent in negligence for the pure economic loss suffered as a result of the circumstances surrounding the investment. In advising on the likelihood of a successful claim, the Civil Liability Act (CLA) and common law principles will be applied to the facts. Issue: Does Brad have any right of action against the accountant and agent for pure economic loss stemming from negligent statement?
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