Read the Fact Pattern below and then answer the question.

Fact Pattern:

Hamid inherited $50,000.00 when his brother passed away. As he and his wife Barbara were fairly ignorant about investments, they reached out to their life insurance agent, Mr. In the Know, who had previously sold them life insurance and RRSP policies for London Life Insurance. They met with Mr. In the Know in January 2021 and discussed various options. Ultimately, they decided to follow Mr. In the Knows advice and they invested the full $50,000.00 in ABC Capital Corporation for a 90 day term. They were told that they would receive an 8% return on their investment. When the ninety day term was over, they received a cheque from ABC Capital Corporation, which included the appropriate amount of interest, but the cheque bounced. To date, they have not received their initial deposit back or the interest owing on the deposit. They are now suing London Life, claiming that London Life is responsible for the funds owed to them.

Assumption:

You may make the assumption that Mr. In the Know has a similar relationship to the relationship that Mr. Demmers had with Manulife Financial.

Question:

Who will win this case? Refer to the Rubric provided for a more detailed breakdown of how to answer this question.