Contract Remedies

Question 1

Specific Performance

Five Part Check List

Answer 1

1) Valid Contract
2) Performance of Plaintiff assured
3) inadequate Legal Remedy
4) feasible enforcement
5) Defenses

Victoria Plead Innocent For Drugs

Question 2

Contract Remedies

Answer 2

1) Specific Performance
2) Rescission
3) Reformation

Question 3

5) Defense

Specific Performance

Answer 3

Equitable:

1) Unclean Hands
2) Laches
3) Unconscionable

Contract:

1) Mistake
2) Misrep
3) SOF

Question 4

Rescission

Determine if there are Grounds for Rescission

Answer 4

1) Mistake
2) Misrep
3) Coercion
4) Undue Influence
5) Lack Capacity
6) Faulure of consideration
7) Illegality

Question 5

Rescission

Two Step Analysis

Answer 5

1) Determine if there is grounds for rescission

2) Determine if valid defense

Question 6

Contract

Reformation

Answer 6

Changes agreement with parties original understanding.

Question 7

Reformation

Three Steps

Answer 7

1) Determine if there is a valid contract
2) Determine if there is grounds for reformation
3) Valid Defense

Question 8

Acronym for Specific Performance

Answer 8

Victoria Plead Innocent For Drugs

Question 9

Rescission

Mistake

Answer 9

1) Mutual Mistake:
- Material Fact: Rescission Granted
- Collateral Fact: Rescission Denied

2) Unilateral Mistake:
- Rescission Denied

• Exception: unless known

Question 10

Reformation

Ground for Reformation

Answer 10

1) Mutual Mistake

2) Misrepresentation