Contract Law Part 2 Flashcards
Exclusion clause
Limits a liability of a party for any breach of contract
Valid exclusion clause
Must be incorporated into the contract
Wordings must cover the loss
Can be incorporated into contract by
Signature
Notice
Previous dealings
Signature
Ex clause is incorporated into the contract by signature even if it is not read or understand by the signatory
unliquidated damages
Where there is no provision for damages. then the court will determine damages payable. it depends upon: 1. remoteness of loss (what loss can be claimed for)
2. measure of damages (how much those losses worth)
A loss not too remote
If it arises naturally from the breach (general damages or loss
It may reasonably be within contemplation of the parties at the time they made the contract (jese contract poora nahi diya toh advance nh milega wapis)
Measure of damages
is the amount which will put claimant in a position he would have been in had the contract been performed properly
described as loss of bargain
Building contract
Cost of building be if it had been completed
or cost require to complete the building
Difficulty in evaluation losses doesnot mean you dont have to bear losses
Other common law remedies
Action for the price:
A ne goods baichne the. B ne paise dene the. If A ne goods hi nahi bheje toh B paise claim nahi kar sakta
Quantum meruit: A ne kaam kar diya. B ne repudiate kar diya contract. toh A apne kharcha claim kar skta hai.
Equitable remedies
Specific performance: require someone to perform contract
Injuction: Order someone to do something or to do nothing
Recission: Restores the parties to their exact pre contract position
Equitable remedies are available on dicretion of
Court
they are not granted if:
damages are an equitable remedy
the claimant has acted unfairly
the order would cause undue harship
the order would rwquire constant supervision of court
there is an undue delay in seeking the remedy (late file kiya)
Goods for sale
Satisfactory quality
Fit for purpose
As described
Services
Reasonable skill and care
Otherwise
Re performance
Or price reduction