Practice question
A new business claims millions in lost profit solely from an optimistic sales target, without evidence supporting the projected income or causal loss. Does Article 2200 automatically validate the target?
- Yes, every business plan is guaranteed income
- No, recognition of lost profits does not dispense with proof and the relevant damages connection
- Yes, if the target is printed
- Only the business name matters
- No lost profits are ever recoverable
Legal references
- Civil Code, Articles 2199-2200: https://elibrary.judiciary.gov.ph/thebookshelf/showdocs/2/53360
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