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British Airways Board v Taylor [1976] 1 All ER 65 HL - S 14 TDA.

1) "promise to the future" - can also be a statement as to existing fact and hence false.
2) Where D knows of falsity, offence should be under s 14(1)(a) not (b).
3) New legal entity not liable for acts of predecessor.
4) Misleading descriptions or statements - ordinary man test cf. legal analysis.
5) False to a material degree.

undefined: unpaid

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