A-Level Law: Economic loss

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5 Terms

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Physical loss

Physical alteration to a tangible premises

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Consequential loss

Monetary loss if suffered due to a physical loss

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Pure loss

Stand alone monetary loss

Cannot claim - Network rail v Conarkin

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Case for all types of Economic loss

Spartan Steel

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How to answer Q

What type of loss is it?

Is the claim valid?

How much will the C be awarded?