Breach of Contract

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Breach of Contract

  1. 1. Breach of contract and remedies<br />By: Leyman Wesley<br />Course: English for law practice 1<br />Year: 2009-2010<br />
  2. 2. Leyman Wesley<br />Blog: breach of contract and remedies<br />On www.2rp1team2.wordpress.com<br />Button Unit 6: Leyman Wesley<br />
  3. 3. Index<br />Introduction<br />Foresee a damage<br />Enforce a damage<br />Types of damages<br />My opinion<br />
  4. 4. Introduction<br />2 parties with the same objective<br />1 party can’t fulfil his obligation<br />Breach of contract<br />The non-breaching party will seek for a remedy<br />
  5. 5. Whatcan the non-breaching party do?<br />Foresee a damage in the contract<br />Enforce a damage<br />
  6. 6. Foresee a damage<br />Stipulated damage<br />Foresee in a compensation<br />compensation in money<br />compansation in an obligation<br />
  7. 7. Enforce a damage<br />In court, mentioned in the contract<br />Several damages<br />Possible that there is a rejection<br />
  8. 8. Enforce a damage<br />Which?<br />Punitive damage/ exemplary damage<br />Reliance damage<br />Expectation damage/ benefit of the bargain damage<br />Restitution damage<br />General damage/ actual damage<br />
  9. 9. Types of damages<br />Punitive damage or exemplary damage<br />Stipulated in law<br />Not enough satisfaction<br /> effect/ costs &gt; damage<br />Reliance damage<br />Costs made by the non-breaching party<br />In belief that the contract would be accomplished<br />
  10. 10. Types of damages<br />Expectation damages/ benefit of the bargain<br />Position if contract had been accomplished<br />Restitution damages<br />Benefit breaching party to non-breaching party<br />General damage/ actual damage<br />Loss that is result of the breach<br />
  11. 11. My opinion<br />Foresee always a damage<br />Prevention is better than the cure<br />Appoint an arbitrator<br />A faster conclusion of the case<br />
  12. 12. The end<br />When you make a contract with someone, just take care that you mention a damage. <br />Thank you for your attention<br />

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