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Will millie be liable for breach of her duty of care

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Reference no: EM132533145

Millie is the managing director of a medium-sized company. The Chief Financial Officer advised the company that they should sell certain property as he believed that property values were about to fall. The company followed the CFO's advice, but in fact, property values did not fall, but rose. The company has lost valuable property on which they could have made some substantial profits.

Will Millie be liable for breach of her duty of care? Using IRAC

Reference no: EM132533145

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