Exam 5: Professional Liability: the Legal Challenges

Causation is the third condition that must be proven to sustain an action for tort liability.Explain.

Normal standards of care always apply to professionals who undertake a task beyond the usual skills of the profession.

The difference between a negligent misrepresentation and a fraudulent misrepresentation is that

A professional is

A multi-disciplinary partnership is

A disclaimer is

The Hedley Byrne case establishes the principle of liability to ________ for ________.

Where two professionals have specialized knowledge and skill in the same profession,representation of one by the other negates the usual standard of care for the professional who is representing the other.

Which of the following is NOT true?

What are professional bodies? Explain the role of professional bodies.

A professional may owe a duty of care in tort to someone other than the client.

In a lawsuit against a professional for a breach of duty of care,a prudent plaintiff should

James,one of the partners of James & Fiduciary Duty Co. ,the auditors of a major Canadian corporation (Canco),is one of the major shareholders of Canco.This situation could result in a

Although the law has long recognized some professional relationships as inherently fiduciary (such as lawyer-client and doctor-patient),not every professional relationship will be fiduciary in nature.Explain.

Use the fact situation in Q6 to answer the related question that follows. In this situation Henry's telling Carol to get the financial statement from the bank constitutes

Professionals may have liability to their clients in tort and contract,and for breach of fiduciary duty.Briefly explain the basis for liability in these categories.