What is the general rule for financial loss from Spartan Steel?
There's noduty of careowed to avoidcausing another to suffer a loss which is purely economic where the financial loss is not related to a personal injury
What is the exception to the general rule for financial loss from Hedley Byrne?
Pure economic loss could be claimed where special relationship established
Which case sets out the features of a special relationship?
Caparo
Did Hedley Byrne set out the features of a special relationship?
No
A special relationship requires all elements to be proven
What is the first element of a special relationship according to Caparo?
D. must possess a special skill or expertise or have access to specialist knowledge
What is a case for the first element of a special relationship?
Smith
What is the second element of a special relationship according to Caparo?
D. must voluntarily assume responsibility - there mustn't be a disclaimer
What is the third element of a special relationship according to Caparo?
Must be a known user of statement
What is a case for the third element of a special relationship?
Caparo
What is the fourth element of a special relationship according to Caparo?
There must be a known purpose
What is a case for the fourth element of a special relationship?
Law Society
What is the fifth element of a special relationship according to Caparo?
Reasonable reliance - C. must show, both, they relied on D's statement and that it was reasonable to do so
What is a case for the fifth element of a special relationship?
JEB Fasteners
What is the general approach on negligent advice given in a social setting?
Traditionally, could not be claimed for, however, Chaudhry means it can be claimed for