81. E. F. Mutton, the hottest stock broker in New Zealand, is at a cocktail party in...

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81. E. F. Mutton, the hottest stock broker in New Zealand, is at a cocktail party in the U.S. Yves Dropper, another guest at the party, overhears Mutton telling a third guest, Little Lamb, that, based on his confidential sources, the Embraceable Ewe Sweater Company is about to announce a huge quarterly profit, and it’s a great time to invest. In fact, Mutton knows that Embraceable Ewe lost big bucks, and Mutton is just trying to buy time in which to unload his own shares. Relying on his statement, Yves invests, and takes a “bleating” when the market drops. Is Mutton liable to Yves for deceit? _________________

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Emanuel Law Outlines For Torts

ISBN: 201887

13th Edition

Authors: Steven L. Emanuel

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