Johnny's friend Arnold wishes to purchase a restaurant. One Friday evening he finds an Indian restaurant called Puluub for sale, which is located on Kerouac Avenue around the corner from Johnny's restaurant The Lame Duck. The restaurant is full of customers. The following Monday, Arnold speaks to Johnny about his plans. Arnold explains that he is very keen to buy the business but that he has never owned a restaurant or even worked in the industry before, and he would appreciate Johnny's advice and guidance. Johnny assures Arnold that Puluub appears to be a very successful restaurant and that he is 'almost guaranteed' to make a profit in the first 12 months. Arnold immediately decides to purchase the restaurant with his brother, Cameron. One year later, they are on the verge of bankruptcy; the restaurant was not as popular or as profitable as they expected, and turnover has declined even further since they took over the business. Has Johnny committed the tort of negligent misstatement? In your answer focus on whether or not Johnny owed a duty of care to (1) Arnold, and (2) Cameron.

Could it be shown how to answer this question in an essay format/ pragraph format, in order of the legal question, the relevant laws, the application of the laws to the facts and the conclusion. thank you