Frederick and others v Positive Solutions (Financial Services) Ltd

Vicarious liability – Agency. To describe the activity of the agent in the present case, as in any sense an integral part of the business activity of the defendant, an 'authorised person' regulated by the Financial Conduct Authority, was a complete distortion of the true position on the facts. The Court of Appeal, Civil Division, accordingly dismissed the claimants appeal on the issue of vicarious liability.

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