NEGLIGENCE- pure economic loss Flashcards
1
Q
what is pure economic loss?
A
c suffers mainly pure/economic loss
2
Q
what can you not sue?
A
pure economic loss
3
Q
what is involved in pure economic loss?
A
no p.i/psy just blaming d for financial
4
Q
what happens if c does not suffer direct effect of d’s neg?
A
cannot sure for economic loss only sue if there is damage e.g damage to prop in order for financial loss
5
Q
why can’t c sue if c is suffering?
A
policy reason (ripple effect)
6
Q
what do you have to be to sue?
A
primary v
7
Q
what is the case for policy reason of pure economic loss?
A
Star Village Tavern v Nield
8
Q
what leading case helps understand diff btw physical loss and economic loss?
A
Sparten Steel v Martin
9
Q
what is the lobster case?
A
Muithead v Industrial Tank Specialists
