Consequential loss: Difference between revisions
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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. | ||
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.
