Economic Loss Flashcards

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1
Q

Economic loss-

A

Loss of money suffered due to D’s negligence

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2
Q

Pure-

A

financial loss that is not connected to physical injury or property damage

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3
Q

Consequential-

A

Financial loss that is directly linked to physical injury and property damage

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4
Q

Negligent misstatement-

A

Loss in money due to reliance on negligently made statement

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