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- Consequential_damages abstract "Consequential damages, otherwise known as special damages, are damages you can prove occurred because of the failure of one party to meet a contractual obligation. They go beyond the contract itself and into the actions garnished from the failure to fulfill. The type of claim giving rise to the damages can affect the rules or calculations associated with a given type of damages, including consequential damages (e.g., breach of contract versus a tort claim). For example, consequential damages are a potential type of expectation damages which arise in contract law.When a contract is breached, the recognized remedy for an owner is recovery of damages that result directly from the breach (aka \"Direct Damages), such as the cost to repair or complete the work in accordance with the contract documents, the loss of value of lost or damaged work. Consequential damages (also sometimes referred to as indirect or “special” damages), include loss of product and loss of profit or revenue and may be recovered if it is determined such damages were reasonably foreseeable or \"within the contemplation of the parties\" at the time of contract formation. This is a factual determination that could lead to the contractor's liability for an enormous loss. For example, the cost to complete unfinished work on time may pale in comparison to the loss of operating revenue an owner might claim as a result of late completion.The Supreme Court of the United States has held that consequential damages are not available in U.S. Federal takings.".
- Consequential_damages wikiPageID "3120602".
- Consequential_damages wikiPageLength "3124".
- Consequential_damages wikiPageOutDegree "7".
- Consequential_damages wikiPageRevisionID "704269727".
- Consequential_damages wikiPageWikiLink Breach_of_contract.
- Consequential_damages wikiPageWikiLink Category:Judicial_remedies.
- Consequential_damages wikiPageWikiLink Expectation_damages.
- Consequential_damages wikiPageWikiLink Fifth_Amendment_to_the_United_States_Constitution.
- Consequential_damages wikiPageWikiLink Hadley_v_Baxendale.
- Consequential_damages wikiPageWikiLink Supreme_Court_of_the_United_States.
- Consequential_damages wikiPageWikiLink United_States_v._50_Acres_of_Land.
- Consequential_damages wikiPageWikiLinkText "Consequential damages".
- Consequential_damages wikiPageWikiLinkText "consequential damages".
- Consequential_damages wikiPageWikiLinkText "consequential".
- Consequential_damages wikiPageUsesTemplate Template:Judicial_remedies.
- Consequential_damages wikiPageUsesTemplate Template:Refimprove.
- Consequential_damages wikiPageUsesTemplate Template:Reflist.
- Consequential_damages subject Category:Judicial_remedies.
- Consequential_damages hypernym Damages.
- Consequential_damages comment "Consequential damages, otherwise known as special damages, are damages you can prove occurred because of the failure of one party to meet a contractual obligation. They go beyond the contract itself and into the actions garnished from the failure to fulfill. The type of claim giving rise to the damages can affect the rules or calculations associated with a given type of damages, including consequential damages (e.g., breach of contract versus a tort claim).".
- Consequential_damages label "Consequential damages".
- Consequential_damages sameAs Q5162895.
- Consequential_damages sameAs m.08ss39.
- Consequential_damages sameAs Q5162895.
- Consequential_damages wasDerivedFrom Consequential_damages?oldid=704269727.
- Consequential_damages isPrimaryTopicOf Consequential_damages.