“(a) his failure to exercise reasonable care increases the risk of such harm, or “(b) he has undertaken to perform a duty owed by the other to the third person, or “(c) the harm is suffered because of reliance of the other or the third person upon the undertaking.” 32 . Hart v. Ludwig, 347 Mich. 559, 79 N.W.2d 895 (1956); see also Forwell v. Keaton, 396 Mich. 281, 240 N.W.2d 217 (1976) reversing 51 Mich.App. 585, 215 N.W.2d 753 (1974); see Ray v. TransAmerica Insurance Co., 46 Mich. App. 647, 208 N.W.2d 610 (1973) (Mich, adoption of § 324A). 33 . See In re Franklin National Bank Securities Litigation, 445 F.Supp. 723, 731 (E.D.N.Y.1978). 34 . 350 U.S. 61, 76 S.Ct. 122, 100 L.Ed. 48 (1955). 35 . Neal v. Bergland, 646 F.2d 1178 (6th Cir. 1981). 36 . 447 F.Supp. 1160, 1187-8 (E.D.Pa.1978) (<HOLDING>). Judge Lively makes a similar analysis in
holding no liability existed under the circumstances holding no individual liability under the adea holding that no consideration existed for part of the settlement holding that standing existed holding no defamation existed