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This essay mainly focuses on one aspect of tort law—the claim for economic loss, which was firstly demonstrated in Hedley Byrne & Co. Ltd v. Heller & Partners (1963
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The law of England and Wales is based on the "common law system", in which the "main source" of English law is judicial precedent. (Deebank, S. Handout 1, p.6) This means that judges must follow relevant decisions of senior courts. The system develops incrementally as new cases are heard. This essay mainly focuses on one aspect of tort law-the claim for economic loss, which was firstly demonstrated in Hedley Byrne & Co. Ltd v. Heller & Partners (1963). The basic concern of tort law is to provide people who have been physically harmed or whose properties have been damaged dues to the wrong doing of another party a legal protection. Negligence is the most common action in tort law. In order to succeed in a case, the claimant has to prove each of the following three aspects: a duty of care owed by the defendant; breach of that duty of care...
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