Remedies 2 Flashcards
1
Q
what happens if liquidated damages clause is invalid?
A
only actual damages available
2
Q
what happens if liquidated damages clause allows actual OR liquidated damages?
A
it’s invalid; P gets actual damages
3
Q
nominal damages
A
allowed but not favored (can seek more damages in K case
4
Q
are punitive damages available in K actions?
A
no
5
Q
when are restitutionary remedies available? (3)
A
- where unjust enrichment retained by D
- fraud
- K fails after partial/complete performance
6
Q
restitutionary damages def’n
A
value of benefit rendered
7
Q
restitutionary damages apply if D never uses benefit?
A
yes
8
Q
restitutionary damages apply if value > K price?
A
yes
9
Q
restitutionary damages: choices for land-sale K if property is unique or D is insolvent
A
Pick appropriately based on facts
10
Q
facts to consider for land-sale restitutionary damages
A
ejectment, constructive trust, equitable lien
