Economic Loss Flashcards
1
Q
Economic loss-
A
Loss of money suffered due to D’s negligence
2
Q
Pure-
A
financial loss that is not connected to physical injury or property damage
3
Q
Consequential-
A
Financial loss that is directly linked to physical injury and property damage
4
Q
Negligent misstatement-
A
Loss in money due to reliance on negligently made statement