chapter 18 slide show Flashcards

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1
Q

The goal of criminal law

A

The goal of criminal law is to punish wrongdoers and deter future wrongdoing

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2
Q

The goal of tort law is to give

A

The goal of tort law is to give compensation to the wrong and punish the wrongdoer by imposing punitive damages.

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3
Q

Punitive damages are meant

A

Punitive damages are meant to punish the wrongdoer and deter future wrongdoing by others.

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4
Q

The goal of contract law is to

A

The goal of contract law is to compensate- not to punish. but To make whole.
it is To put in the same position the aggrieved would have been in, had the breaching party performed as they were supposed to.

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5
Q

their are No punitive damages in

A

contract law. reverse me

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6
Q

Attorney fees

A

A provision for the recovery of attorneys’ fees in the event of breach of contract can be included in the contract.

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7
Q

Parties can include a provision in the contract

A

Parties can include a provision in the contract that in case of a dispute the parties will go to arbitration.

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8
Q

arbitration example

A

many cell phone companies have an arbitration clause. In case of a dispute the customer can’t sue- has to go to arbitration.

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9
Q

Contract damages are designed to

A

Contract damages are designed to place the injured party in a position as good as the one he would have held had the other party performed per the contract.

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10
Q

Compensatory damages are equals

A

loss of value minus loss avoided by injured party plus incidental damages plus consequential damages.
LV-LA+ID+CD

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11
Q

The only way to get punitive damages in a contract case is

A

The only way to get punitive damages in a contract case is if you add a tort count to the lawsuit. That is if the breach is also a tort you will recover punitive damages on a tort theory of claim.

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12
Q

Liquidated damages

A

reasonable damages agreed in advance by the parties to a contract.

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13
Q

mitigation of damages

A

the injured party may not recover damages for loss he could have avoided by reasonable effort

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14
Q

Reasonable?

A

One has to make reasonable efforts to mitigate damages. If one does not, the losses that could have been reasonably mitigated/avoided are not recoverable from the breaching party.

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15
Q

Specific performance

A

Specific performance is court decree ordering a breaching party to render promised performance.

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16
Q

Give an example of specific performance

A

You hire famous painter John to paint you riding a horse and holding a sword. John has a change of heart. One remedy that you could seek from court is specific performance. That is if you insist that John paint you
The judge will not order specific performance- in this instance for John to paint you. Why? It will be involuntary servitude- against public policy.

17
Q

Injunction

A

Is court order prohibiting a party from doing a specific act.

18
Q

Injunction Court may order

A

when damages for a breach would not be adequate.

19
Q

valid covenants not to compete may be enforced by?

A

an injunction

20
Q

When the service contracted for are not unusual or extraordinary in character

A

the injured part cannot obtain injunctive relief. The only remedy available would be damages (money).

21
Q

Specific performance is the equitable remedy

3 parts

A

Specific performance is the equitable remedy that compels the defaulting party to perform his contractual obligations.

This remedy is available only when there is no adequate remedy at law.

It is ordered when money damages will not adequately compensate the aggrieved party.

22
Q

Courts of equity will grant specific performance in connection with

A

contracts for the sale of personal property only in exceptional circumstances
- such as with rare or unique personal property
something out the wazoo

23
Q

Courts will always grant Specific performance

A

case of breach of contract for the sale of real property. The reason for this is that every parcel of land is regarded as unique.