Ernest, one of the passengers, sits downstairs next to Ferdinand who he notices is reading the Financial Times newspaper. Ernest starts a conversation with Ferdinand and finds out that Ferdinand is a financial advisor working with a large bank. Ernest, who has always fancied his chances on the stock market, tells Ferdinand that he has some money to invest and asks him what he would recommend. Ferdinand replies that Ernest might consider investing in Danish bacon stocks.

Ferdinand is in fact joking [since it was well known at the time that the Danish bacon industry was failing]. Ernest does not understand the joke and invests all his savings of 20,000 in Danish bacon which he subsequently loses when the Danish bacon market crashes.

How do I established Negligence under Tort of Law?

Do you think Ernest can sue Ferdinand for misleading and instigate him to loss his savings? what is Ernest remedy on the fact under the Tort negligence?