Loss of profits: Difference between revisions

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{{g}}''Not'' the same thing as [[consequential loss]], though in many cases it is a type of consequential loss. It is possible for a [[loss of profits]] or [[loss of opportunity]] to be a direct loss, although the great case of {{casenote|Hadley|Baxendale}} illustrates that is by no means the ordinary run of things.
{{a|contract|{{subtable|{{small|80}}{{loss v damages}}</div>}}}}''Not'' the same thing as [[consequential loss]], though in many cases it is a type of consequential loss. It is possible for a [[loss of profits]] or [[loss of opportunity]] to be a direct loss, although the great case of {{casenote|Hadley|Baxendale}} illustrates that is by no means the ordinary run of things.


But there are obvious cases of losses of profit that are direct losses: Such as, the profit I would make in making and selling you a widget you had agreed to purchase from me, had you not reneged on your obligation to buy it. Which means there are [[:category:schoolboy error|schoolboy error]]s ahoy:
But there are obvious cases of losses of profit that are direct losses: Such as, the profit I would make in making and selling you a widget you had agreed to purchase from me, had you not reneged on your obligation to buy it. Which means there are [[:category:schoolboy error|schoolboy error]]s ahoy: