In tort, all losses can be brought within three categories:
1. physical/property damage;
2. economic loss consequent on physical damage ie consequential economic losses; and,
3. pure economic loss.
As a general rule, if [...], it is recoverable, whereas if the loss lies in the third category, it will not be recoverable.
Answer
the loss is in the first two categories
Tags
#law #negligence #pel #tort
Question
In tort, all losses can be brought within three categories:
1. physical/property damage;
2. economic loss consequent on physical damage ie consequential economic losses; and,
3. pure economic loss.
As a general rule, if [...], it is recoverable, whereas if the loss lies in the third category, it will not be recoverable.
Answer
?
Tags
#law #negligence #pel #tort
Question
In tort, all losses can be brought within three categories:
1. physical/property damage;
2. economic loss consequent on physical damage ie consequential economic losses; and,
3. pure economic loss.
As a general rule, if [...], it is recoverable, whereas if the loss lies in the third category, it will not be recoverable.
Answer
the loss is in the first two categories
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Parent (intermediate) annotation
Open it all losses can be brought within three categories:
1. physical/property damage;
2. economic loss consequent on physical damage ie consequential economic losses; and,
3. pure economic loss.
As a general rule, if <span>the loss is in the first two categories, it is recoverable, whereas if the loss lies in the third category, it will not be recoverable.<span><body><html>
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