H M He would have caught a cold last night. , … if he hadn’t dressed properly ), which is not what you mean. You can use could/may/might have interchangeably for the meaning you intend.
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H MHe would have caught a cold last night.This has an implied conditional (e.g., … if he hadn’t dressed properly), which is not what you mean.
H MI would like to know the difference between "would have p.p. " and " could have p.p." when I want to mention something that has a possibility to have happened in the past.Note also that in some situations "would have p.p." can express the speaker's belief or assumption that something did happen. For example: "He's very security-conscious; he would have mad
H MYou can never use it to mention the possibility in the past?Never.
I mean, to guess something that might have happened.