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4 Cards in this Set
- Front
- Back
A characterization of a pecuniary loss that is not a consequence of injury to the person or property of a party. |
Pure Economic Loss |
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True or False |
False |
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2 TYPES OF PURE ECONOMIC CASES |
(1) Negligent Misrepresentation or Misstatement (2) NEGLIGENT ACTS CAUSING ECONOMIC LOSS. |
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NO RECOVERY FOR ECONOMIC LOSS, UNLESS PHYSICAL DAMAGE TO PROPERTY OCCURS |
M/V Testbank |