direct economic loss

direct economic loss

Economic loss flowing directly from insufficient product quality.

? The most common type is loss-of-bargain damages ¡ª the difference between the actual value of goods accepted and the value they would have had if they had been delivered as promised or warranted. [Cases: Products Liability 17.1; Torts 5. C.J.S. Torts ¡ì¡ì 24¨C26.]


How to translate the legal term direct economic loss in Chinese?
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