Economic loss

Subdecks (3)

Cards (23)

  • pure economic loss
    a financial loss that is not a result of a personal injury or damage to property.
  • Consequential loss
    a loss that does arise from physical damage to property or person such as loss of earning
  • Economic loss by way of a Negligent Act
    negligent act done by D that results in financial loss for C
  • Economic loss by way of Negligent Misstatement
    Negligent statement made by D that results in financial loss for C