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Consequential loss: Difference between revisions
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{{a|g|[[File:Dramatic Chipmunk.png|thumb|Seems like a suitable place for the ''[[dramatic look gopher]]''. DID SOMEONE SAY CONSEQUENTIAL LOSS??]]}}[[Consequential loss]], sometimes called [[indirect loss]], [[relational economic loss]], [[loss of opportunity]] or [[loss of profits]] is a loss arising from a [[breach of contract]] not caused ''directly'' by the breach, but is a second-order consequence of it: such as the [[opportunity cost]] to the innocent party of having a contract with you which you then breached. | {{a|g|[[File:Dramatic Chipmunk.png|thumb|center|350px|Seems like a suitable place for the ''[[dramatic look gopher]]''. DID SOMEONE SAY CONSEQUENTIAL LOSS??]]}}[[Consequential loss]], sometimes called [[indirect loss]], [[relational economic loss]], [[loss of opportunity]] or [[loss of profits]] is a loss arising from a [[breach of contract]] not caused ''directly'' by the breach, but is a second-order consequence of it: such as the [[opportunity cost]] to the innocent party of having a contract with you which you then breached. | ||
Had I not been committed to rent you my car, I could have rented it to someone else ''for more money''. | Had I not been committed to rent you my car, I could have rented it to someone else ''for more money''. | ||