Tort Law

Question 1

Consequential Economic Loss

Answer 1

1. Arising out of physical damage or injury
2. Recoverable under normal negligence rules

Question 2

Pure Economic Loss

Answer 2

1. Loss unconnected to physical damage sustained
2. Must show special relationship to recover

Question 3

Special Relationship if

Answer 3

1. Defendant has specialist knowledge
2. Defendant aware claimant will rely on information
3. Reasonable for claimant to rely on information

Question 4

Pecuniary Loss

Answer 4

Financial Loss suffered by claimant

Question 5

Types of Pecuniary Loss

Answer 5

1. Loss of past income
2. Loss of future income (general damages)
3. Expenses

Question 6

Non-Pecuniary Loss

Answer 6

Losses associated with the injury itself

Question 7

Product Liability Under Consumer Protection Act (4)

Answer 7

1. Contains Defect
2. Suffered Damage
3. Damage Caused by Defect
4. Defendant is Producer, Own Brander, or Importer