Law Of Tort.
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Law Of Tort By N. Ndifornyen A negligent misstatement is defined as a statement issued carelessly by the defendant, which is relied upon by the plaintiff to his detriment. For such a statement to be actionable it must usually cause physical damage or personal injury. When it leads to pure economic loss, liability is restricted. Generally, the law of negligence has developed more slowly and cautiously in respect of liability for negligent statements than it has in respect of negligent acts for two main reasons: a) People are generally less careful in what they say than in what they do, particularly when expressing opinions on social or informal occasions rather than in their business or professional capacity; b) In the words of Lord Pearce in Hedley Byrne, '...words are more volatile than deeds, they travel fast and far afield, they are used without being expended'. In Derry v Peek 1, the...

