Remedies 3 Flashcards
UCC restitutionary damages
buyer right of replevin for goods ID’d in K after reasonable effort, unable to effect cover (insufficient $)
quasi-K restitutionary damages
court may create quasi-K where there is UE but no enforceable K, such as emergency services, or where there is a mistake, fraud, or misrepresentation. It seeks to have D repay value rendered by P
equitable remedies
injunctive relief
when are equitable remedies available? (3)
- land-sale contract equitable conversion (buyer has equitable title)
- unique goods
- capable of immediate performance (requirements/output K)
kinds of equitable remedies (4)
- temporary injunction
- specific performance
- rescission
- reformation
specific performance
requires D to perform under K when VCIFD
specific performance VCIFD
- valid K
- conditions for performance met
- inadequate legal remedies
- feasibility of enforcement
- defenses
specific performance: valid K
P must show terms are more definite and certain than for a $ damages clause
specific performance: conditions for performance met
p has performed, is ready and able to perform, or excused from performance
specific performance: conditions for performance met – abatement (if deficient quantity or performance by P)
IF SP should be granted with defect, court will lower the purchase price to take defect into account