Examlex
What is
Negligent Misstatement
A false statement made carelessly rather than with the intent to deceive, leading to someone's loss.
Economic Loss
Financial loss experienced as a result of another’s actions or failure to act, which can include lost profits, repair costs, and decreased value of property.
Defamation
The act of communicating false statements about a person that injure the reputation of that person.
Business Interruption Insurance
An insurance that covers the loss of income a business suffers after a disaster related to closing its premises or the rebuilding process.
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