consequential economic loss

Economic loss that proximately results from a defective product and that is beyond direct economic loss.

• Examples include lost profits and loss of goodwill or business reputation. [Cases: Damages 36; Products Liability 17.1. C.J.S. Damages § 53; Torts§ 26.]

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词条贡献者

法律翻译Gwen，毕业于新加坡知名法学院，专注翻译各类与劳工、雇佣及移民有关的法律文件。