Question: It is relatively new for courts to allow recovery for pure economic loss in negligence, that is, loss unrelated to any physical loss. Some would
It is relatively new for courts to allow recovery for pure economic loss in negligence, that is, loss unrelated to any physical loss. Some would argue that extending negligence in this regard potentially places an unfair burden on some occupations and service providers. In our society, people should accept that there are some losses for which recovery cannot be obtained. What are the pros and cons of allowing recovery for purely economic loss?
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This topic is further developed in Chapter 22 Professional Services Not every foreseeable loss is ac... View full answer
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