Apr. 16, 2004 REVIEW AND OFFICE HOURS DROP OFF, OR PHONE ( ) SUBJECTS OFFICE HOURS: 5/5 FRIDAY 4 TO 8 5/8 MONDAY 4 TO 8

Apr. 16, 2004 SUMMARY OF LAST CLASS DEFAMATION: THE ELEMENTS 1. FALSE AND DEFAMATORY COMMUNICATION CONCERNING ANOTHER 2. PUBLICATION 3. OF AND CONCERNING THE P 4. DAMAGE LIBEL/SLANDER; PRIVILEGES

Apr. 16, 2004 SUMMARY PERSONS PUBLICPRIVATE PUBLICNY TIMESGERTZ CONCERNACTUAL MALICEFAULT DAMAGE PRESUMEDACTUAL DAMAGE PRIVATEUNKNOWNDUN: CONCERNDAMAGE PRESUMEDCOMMONLAW

Apr. 16, 2004 MISREPRESENTATION I ECONOMIC LOSS – TRANSACTION TRADITIONAL RULE: DERRY FRAUD CASE SCIENTER 1. KNOWING 2. WITHOUT BELIEF IN TRUTH 3. RECKLESSLY/CARELESS WHETHER TRUE OR FALSE

Apr. 16, 2004 MISREPRESENTATION II NEGLIGENT MISREPRESENTATION (NO SCIENTER) ULTRAMARES KEY: SCOPE OF LIABILITY RESTATEMENT’S EXPANSION BENEFIT AND GUIDANCE FEW: GENERAL FORESEEABILITY

Apr. 16, 2004 REMEDIES FOR MISREPRESENTATION PAGE 1046 : ILLUSTRATIONS 1 AND 2 1.BENEFIT OF THE BARGAIN DAMAGE TO GET BENEFIT: 175, ,000= 250,000 2.OUT OF POCKET DAMAGE 175, ,000 = 200,000 IF FRAUD: P’S OPTION

Apr. 16, 2004 STRICT LIABILITY FOR MISREPRESENTATION? GAUERKE (1047) NO SCIENTER/ NEGLIGENCE COURT ALLOWS S/L 1. REPRESENTATION MADE AS OF D’S OWN KNOWLEDGE—LIKE A WARRANTY 2. ECONOMIC INTEREST IN TRANSACTION

Apr. 16, 2004 SUMMARY: ELEMENTS OF MISREPRESENTATION 1. MISREPRESENTATION 2. FACT OR OPINION (NOT PROMISE) 3. MATERIAL 4. INTENDED TO INDUCE RELIANCE 5. DOES INDUCE RELIANCE ASIDE: PINNACLE EFFECT OF CONTRACT

Apr. 16, 2004 DAMAGES I.KINDS OF DAMAGES: NOMINAL, COMPENSATORY, PUNITIVE COMPENSATORY: 1. MEDICAL 2. LOST EARNING 3. PAIN AND SUFFERING 4. ANY OTHER SPECIFICALLY IDENTIFIABLE HARM

Apr. 16, 2004 DAMAGES (Cont.) DAMAGES (Cont.) PAIN AND SUFFERING TERMED: NON-ECONOMIC DAMAGES PROVING DAMAGES HYPO: THE MOTOR BIKE ACCIDENT

Apr. 16, 2004 TIMING PROBLEMS ON DAMAGES 1. TIME TO TRIAL 2. UNCERTAINTY OVER DAMAGES 3. TIME VALUE OF MONEY: DISCOUNTING

Apr. 16, 2004 DISCOUNTING PRESENT VALUE OF $1 AT END OF PERIOD: YEARDISCOUNT RATE 4%8%10% DOES P WANT SMALL OR LARGE RATE?

Apr. 16, 2004 TIMING PROBLEMS ON DAMAGES 4. INFLATION 5. THE LOSS PERIOD: LIFE EXPECTANCY 6. EVENTS OCCURRING AFTER INJURY BUT NOT BEFORE TRIAL HYPO: THE SECOND MARRIAGE HYPO: THE RESISTANT PLAINTIFF 7.TAXES

Apr. 16, 2004 PROVING PAIN AND SUFFERING HYPO: THE NECK INJURY HYPO: THE NEWBORN BABY MAKING ARGUMENTS: 1. THE PER DIEM ARGUMENT 2. THE “GOLDEN RULE” ARGUMENT

Apr. 16, 2004 INSURANCE POLICIES HYPO: THE GARDEN VARIETY AUTO COLLISION THE COLLATERAL SOURCE RULE

Apr. 16, 2004 WRONGFUL DEATH AND SURVIVAL ACTIONS 1. HYPO: THE DYING PLAINTIFF 2. HYPO: THE DYING DEFENDANT THE COMMON LAW RULES CHANGED BY STATUTE 1. SURVIVAL ACTIONS 2. WRONGFUL DEATH ACTION

Apr. 16, 2004