The Valuation of Chances

Canadian Business Law Journal, Vol. 30, 1998

10 Pages Posted: 4 Jul 2008

Abstract

It is well established, in English and Commonwealth law that a loss may be compensated even though its value cannot be established with any degree of certainty. Where the uncertainly is not of the plaintiff's making, and she has suffered a real loss, the court will attempt to assess it, however difficult the task.

A number of recent cases, English, Canadian and Australian, crossing the boundaries between tort and contract and between personal injuries and economic loss, have raised interesting and important questions about the relationship of the principle of causation to this aspect of the assessment of damages.

Suggested Citation

Waddams, Stephen Michael, The Valuation of Chances. Canadian Business Law Journal, Vol. 30, 1998, Available at SSRN: https://ssrn.com/abstract=1154590

Stephen Michael Waddams (Contact Author)

University of Toronto - Faculty of Law ( email )

78 and 84 Queen's Park
Toronto, Ontario M5S 2C5
Canada

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