3903K. Loss Or Destruction Of Personal Property (Economic Damage)

3903K. Loss or Destruction of Personal Property (Economic Damage) Instruction No 1 Request by Plaintiff Given as Proposed Refused Withdrawn Request by Defendant Given as Modified Requested by Given on Court's Motion Judge Instruction No 1 [Insert number, e.g., "11."] The [loss/destruction] of [name of plaintiff]'s [item of personal property]. To recover damages for the [loss/destruction], [name of plaintiff] must prove the fair market value of the [item of personal property] just before the harm occurred. "Fair market value" is the highest price that a willing buyer would have paid to a willing seller, assuming: 1. 2. That there is no pressure on either one to buy or sell; and That the buyer and seller are fully informed of the condition and quality of the [item of personal property]. ________________________________________________________________________________ New September 2003