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United Kingdom

Bank of New South Wales v O'Connor

(1889) 14 App Cas 273
JurisdictionUnited Kingdom
Year1889
Statusunclear

Key Principle

A bank owes a duty of care to consider the interests of a guarantor when the circumstances of the guarantee are such that the bank knows or ought to know that the guarantor may not fully understand the transaction.

Area of Law

contract, equity

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