Our Facebook Page! Thanks to the wonders of modern technology, this impossible duet came to life with Elvis Presley singing, âIf I Can Dreamâ with Celine Dion.The audience was brought to their feet and no doubt were covered with chills watching and listening to these two incredible talents singing together. WOW!Share on Facebook.hanks to the wonders of modern technology, this impossible duet came to life with Elvis Presley singing, âIf I Can Dreamâ with Celine Dion. The audience was brought to their feet and no doubt were covered with chills watching and listening to these two incredible talents singing together. WOW! Share on Facebook.
But the law often regards loss of profit as a direct loss. So, for example, in one reported case, a limitation clause purported to exclude liability for âloss of anticipated profits â¦ or for indirect or consequential damageâ.
DEFINITION of 'Consequential Loss'. The amount of loss incurred as a result of being unable to use business property or equipment. If the property/equipment is damaged through a natural disaster or accident, only certain types of insurance can cover the owner for lost business income.Consequential loss is considered an indirect loss (as compared to losses from the direct damage).Direct damages would be covered under different types of insurance, such as property/casual or fire insurance, but the firm still incurs the costs of lost operations.nsurance to compensate for consequential losses can also cover situations where no direct damage is done to property, but loss of revenue occurs because of things like a power outage or breach of contract from a supplier or business partner. RELATED TERMS.