Chapter13slides

Chapter13slides - Contract Remedies Contract, get out,...

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Unformatted text preview: Contract Remedies Contract, get out, third parties, no one can get out, discharge from duties, excuse duties, have not performed , breach, do something for good guy,no defense, no Term used 2 ways  What the nonbreaching party has lost  What the nonbreaching party can recover to compensate for what was lost  Used to compensate the nonbreaching party for anything short of full performance  Loss, but also be compensation Infinite variety of contracts  Infinite ways can be breached  Thus No single damage formula Flexibility in remedies General principles and goals Protect the nonbreaching party Cant memorize everything, but think of common circumstances and broad view Plaintiff was supposed to get Defendant breach, Puts the nonbreaching party where she would have been if the contract had been properly performed ...
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Chapter13slides - Contract Remedies Contract, get out,...

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