Avoiding Complexity? (2)
Angelo Caradonna and Alessio Vella entered into a small business venture and with each other opened a joint bank account taking possession of shares of 3 properties. Importantly, a offered pre-contractual misrepresentation may, but not need to, give rise to liability in each tort and contract (Economic Negligence, 5th Edition, by Bruce Feldthusen, pg 87) (Feldthusen”). Contract: the plaintiff is to be put in the position it would have been in had the contract been performed as agreed. As we see it, the correct to sue in tort is not taken away by the contract in such a case, while the contract, by limiting the scope of the tort duty or waiving the appropriate to sue in tort, may possibly limit or negate tort liability.
In this situation, like the very first, there is tiny point to suing in tort because the tort duty (and consequently any tort liability) is … Read the rest >>>