Economic loss financial loss to a business or person resulting from death injury disability property damage or destruction caused by the negligent acts of a third party an economic loss represents what an individual or company losses in wages or the ability to make money as a business. Economic profit or loss an economic profit or loss is the difference between the revenue received from the sale of an output and the opportunity cost of the inputs used in calculating economic . Economic loss in the law of tort or delict certain claims for non physical or non proprietary damage caused negligently certain claims although financial are usually discounted from such discussion viz loss of wages consequent upon physical injury and loss of use following damage to property. Economic loss is a term of tort which refers to financial loss and damage suffered by a person such as can be seen only on a balance sheet rather than as physical injury to the person or destruction of property. What is economic loss economic loss is a term used to describe circumstances when an individual or an organization loses money the term covers financial loss that is usually visible in a balance
How it works:
1. Register Trial Account.
2. Download The Books as you like ( Personal use )