V. Remedies for Unexcused Non-Performance Flashcards

1
Q

Specific Performance

A

Only if money damages inadequate. Generally wrong answer.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Reclamation

A

Delivery of goods on credit to buyer insolvent at time of receipt. Timely (generally 10 days from buyer’s receipt of goods).

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Money Damages

A

Generally expectation damages–Compensate by putting P in same position as if K had been performed w/out breach.

  • (1) Determine Dollar Result of Performance w/out Breach
  • (2) Determine Dollar Result of Performance w/Breach
  • (3) Compare 1 & 2

More than 1 Q. on Consequential Damages:

  • Look for special facts abotu buyer that caused it to sustain special loss
  • Recoverable only if other party knew special facts at time of K
How well did you know this?
1
Not at all
2
3
4
5
Perfectly