Kaplan's F4 tip for Economic loss, are they referring to capital maintenance?
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LWF4 - Economic Loss - linked to capital maintenance?
15y ago#1I imagine so
Thanks Mike
No! It comes under their heading for Torts!
e.g. Spartan Steel v Martin & Co case where pure economic loss not relating to personal injury/damaged property is unrecoverable through damages.
e.g. Spartan Steel v Martin & Co case where pure economic loss not relating to personal injury/damaged property is unrecoverable through damages.
i thnk it is from tort chapter..........nt preety sure..........
15y ago#5Ah! In that case, economic loss refers to financial loss - either money spent and not recovered or money which could have been expected to be received, and wasn't.
Normally, when a person suffers - either from tort or contract - the courts will award compensation in the form of damages.
Just very occasionally, the courts will consider loss of "pleasure" as in Jarvis v Swan Tours
Normally, when a person suffers - either from tort or contract - the courts will award compensation in the form of damages.
Just very occasionally, the courts will consider loss of "pleasure" as in Jarvis v Swan Tours
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