Venteex is a venture capital looking to invest in ghe video games market. it engages alexa a business adviser to prepare advise regarding the fessibility investing in s new video games console currently under development the WonderDuck a new system being developed by budget.

Alexa prepares her advice and recommends thats Ventures go ahead with the investment. Alexa advice indicates that the wonderduck is expected to capture 25% market share by the end of 2022. if that was the case. ventrex investment would be quite profitable. Alexa however fails to take into account the marketing budget set aside by the manufactures of Playstation the xbox and the switch the existing video game console that are dominanr in the market and that will be WonderDucks direct competitors. These marketing budget figures are on the public record and could have been identified by wonderducks or ventrex themselves consulting the relevant manufacatures latest annual reports. in comparison bandyes marketing budget for the wonderducks was extremely small. as a result when it launches in october 2021 the new wonderduck fails to generate anything more than marginal interest amoungst consumers it quickly falls and ventrex loses most of its sizesble investment.

Ventrex wants to recover its investment loses from Alexa on the basis that her advice was negligently prepared.

Can Ventrex recover its investment losses from Alexa according to the law of negligence? Please address all steps of the negligence process and address any potential relevant defences.

Answer rating: 100% (QA)

Contributory carelessness is the offended partys inability to practice sensible consideration for th... View the full answer