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Delict — actio legis aquilia — liability for purely economic loss — D collecting bank negligently failing to comply with restrictive endorsement on a cheque — whether such is wrongful, founding an action in delict.
Bank — collecting bank — whether owes a duty of care to drawer of cheque.
Bills of exchange — collecting bank — duty towards drawer of cheque — whether to be determined on principles of Aquilian liability or that of intermediate possessor of stolen goods.
Legislation — s 85 Bills of Exchange Act [Chapter 277] — whether defines duty of collecting bank towards drawer of cheque.
Public policy — manner of conducting enquiry into question of social desirability of policy under consideration.
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