new business rule

new-business rule. The principle precluding an award of damages for lost profits to a business with no recent record of profitability, because the damages would be too speculative. [Cases: Damages 40(1), 190. C.J.S. Damages §§ 58, 61, 304.]

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词条贡献者

译者张文，国际知名商学院金融专业，擅长翻译各种与结构性融资及衍生品诉讼相关的法律文件。