Consequential loss: Difference between revisions
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imported>Doug Williamson (Layout.) |
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1. | 1. | ||
''Law''. | ''Law''. | ||
A loss which is the indirect - but foreseeable - consequence of a breach of contract. | A loss which is the indirect - but foreseeable - consequence of a breach of contract. | ||
2. | 2. | ||
More broadly, any loss caused indirectly (rather than directly). | More broadly, any loss caused indirectly (rather than directly). | ||
For example a loss of profit resulting from a delay in completing the building of a factory. | For example a loss of profit resulting from a delay in completing the building of a factory. | ||
== See also == | == See also == | ||
* [[Consequential risk]] | * [[Consequential risk]] | ||
* [[Foreseeable loss]] | * [[Foreseeable loss]] | ||
[[Category:Compliance_and_audit]] | |||
Latest revision as of 11:18, 11 May 2016
1.
Law.
A loss which is the indirect - but foreseeable - consequence of a breach of contract.
2.
More broadly, any loss caused indirectly (rather than directly).
For example a loss of profit resulting from a delay in completing the building of a factory.
