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10 Cards in this Set
- Front
- Back
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Hedley Byrne v Heller 1963 |
Care has to be exercised when giving advice even in the absence of no formal contract |
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CTI v Oceanus 1984 |
Brought in the concept of a prudent underwriter |
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Pan Atlantic v Pine Top 1994 |
Brought in the concept of inducement |
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How is money laundered? |
Placement, Layering and Integration |
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Fraud Act 2006 |
False representation Abuse of position Failure to disclose information |
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Consumer Insurance (Disclosure and Representations) Act 2012 |
Abolished the duty consumers had to disclose information over and above those the proposal form asked for. Consumers must take reasonable care not to make a misrepresentation |
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Contracts (Rights of Third Parties) Act 1999 |
Provides that third parties to a contract may enforce terms if the contract expressly provides they may or the terms purport to confer a benefit on them |
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Merrett v Babb 2001 |
Mortgage valuation Mr Babb had carried out seven years earlier. His former employers were insolvent so Mr Babb was held personally liable |
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Requirements of the law of agency |
PEAMA |
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Duties owed by Principals to their Agent |
Remuneration and Indemnity |
