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Candler v Crane, Christmas & Co
[1951] 2 KB 164; [1951] 1 All ER 426 (CA)
Key Principle
Per the majority, in the absence of any contractual or fiduciary relationship there is no liability for financial loss caused by a negligent (as opposed to fraudulent) misstatement; Denning LJ dissented, arguing for a duty of care to persons the maker knows will rely on the statement.
Area of Law
t
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