Section 604.101 — Economic Loss Doctrine.
604.101 ECONOMIC LOSS DOCTRINE. Subdivision 1. Definitions. (a) The definitions in this subdivision apply to this section. (b) “Buyer” means a person who buys or leases or contracts to buy or lease the goods that are alleged to be defective or the subject of a misrepresentation. (c) “Goods” means tangible personal property, regardless of whether […]
Section 604.10 — Economic Loss Arising From The Sale Of Goods.
604.10 ECONOMIC LOSS ARISING FROM THE SALE OF GOODS. (a) Economic loss that arises from a sale of goods that is due to damage to tangible property other than the goods sold may be recovered in tort as well as in contract, but economic loss that arises from a sale of goods between parties who […]