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LEGAL ASPECTS OF BUSINESS
BREACH OF
CONTRACT
-Shubham Yadav
-Shuvayan Biswas
-Tanish.
-Tanishq Tushar
-Thupakula Deva Krishna
DISCHARGE
A CONTRACT MAY BE DISCHARGED IN
ANY OF THE FOLLOWING WAYS:
By Performance
By Mutual Agreement
By Impossibility of Performance
By Breach of Contract
By Operation of Law
By laps of time
BREACH OF CONTRACT
Breach of contract means failure
or refusal by the parties to
perform their respective
promises
TYPES OF
BREACH OF
CONTRACTS
ANTICIPATORY ACTUAL
When the promisor
refuses altogether to
perform his promise
and signifies his
unwillingness, even
before the time of
performance has
arrived.
Where the promisor
refuses to perform
promises on the
scheduled date. When
one of the parties
breaks the contract by
refusing to perform the
promise when it falls
due.
ANTICIPATORY
BREACH
Vocal or written confirmation is not
required.
Failure to perform an obligation
promptly can result in a breach.
by declaring an anticipatory breach, the
counterparty may begin legal action
immediately rather than waiting until a
contract's terms are actually broken
ACTUAL BREACH
At the time of performance of the
contract.
One party fails or refuse to perform
his promise under the contract.
Example: X agrees to deliver 100kg of wheat
to Y on 1st October, X fails to deliver the
wheat to Y on October 1st. This is actual
breach of contract by X.
APPLE VS GERARD
WILLIAMS III
Gerard Williams III, an engineer by profession, was responsible for
developing Apple’s chips from 2013 -2019.
He co-founded a new company, Nuvia, and left November 2019
when it revealed its data center-focused Phoenix processor.
Apple claimed that Williams broke his employment contract by
making plans to form his own company while still working at Apple,
using the knowledge he gained working on Apple’s chips and
“stealing” other Apple employees.
FILED IN SANTA CLARA COUNTY SUPERIOR
COURT
APPLE VS GERARD
WILLIAMS III
Williams in his defence, claimed that Apple had illegally
inserted the “anti-compete” clause in his contract.
Rejecting his request to toss the suit, the Judge said
that the law doesn’t allow one to come up with a
competitive enterprise with the employer’s resources
while still working for them. However, the Judge also
dismissed Apple’s bid for damages saying it could not
be established how Gerard was intentionally trying to
harm the company through his activities.
The judge invariably analyzes the situation at
the time of the breach and whether the
alleged had malicious intentions or not. And if
the alleged didn’t have wrong intentions, he
may get immune from the punitive charges.
·
One should be well versed with the general
employment laws in the country and any other
specific industry law in a particular region or
state. E.g., US States have different
employment laws from each other. (“Unfair-
Competitive laws” in California)
WHAT DID
WE LEARN
FROM THIS
CASE STUDY
REMEDIES FOR BREACH OF
CONTRACT
When one party breach
the contract; the other
party can rescind the
contract and he/she is
free from all obligations
under contract
RECESSION OF
THE CONTRACT
means as much as
earned. It is only an
obligation created by
law. It is not a
contractual remedy, .
QUANTUM
MERUIT
An order of the court
directed the party who
commits a breach of
contract to do what
they have promised to
do.
SPECIFIC
PERFORMANCE Order of the court directing
the party who commits a
breach of contract either to
do or not do something. It is
usually given in cases of
anticipatory breach of
contract.
INJUNCTION
The damage of
compensation
awarded to the
aggravated
party for breach
of contract
DAMAGES
THANK
YOU

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Breach of contract

  • 1. LEGAL ASPECTS OF BUSINESS BREACH OF CONTRACT -Shubham Yadav -Shuvayan Biswas -Tanish. -Tanishq Tushar -Thupakula Deva Krishna
  • 2. DISCHARGE A CONTRACT MAY BE DISCHARGED IN ANY OF THE FOLLOWING WAYS: By Performance By Mutual Agreement By Impossibility of Performance By Breach of Contract By Operation of Law By laps of time
  • 3. BREACH OF CONTRACT Breach of contract means failure or refusal by the parties to perform their respective promises
  • 4. TYPES OF BREACH OF CONTRACTS ANTICIPATORY ACTUAL When the promisor refuses altogether to perform his promise and signifies his unwillingness, even before the time of performance has arrived. Where the promisor refuses to perform promises on the scheduled date. When one of the parties breaks the contract by refusing to perform the promise when it falls due.
  • 5. ANTICIPATORY BREACH Vocal or written confirmation is not required. Failure to perform an obligation promptly can result in a breach. by declaring an anticipatory breach, the counterparty may begin legal action immediately rather than waiting until a contract's terms are actually broken
  • 6. ACTUAL BREACH At the time of performance of the contract. One party fails or refuse to perform his promise under the contract. Example: X agrees to deliver 100kg of wheat to Y on 1st October, X fails to deliver the wheat to Y on October 1st. This is actual breach of contract by X.
  • 7. APPLE VS GERARD WILLIAMS III Gerard Williams III, an engineer by profession, was responsible for developing Apple’s chips from 2013 -2019. He co-founded a new company, Nuvia, and left November 2019 when it revealed its data center-focused Phoenix processor. Apple claimed that Williams broke his employment contract by making plans to form his own company while still working at Apple, using the knowledge he gained working on Apple’s chips and “stealing” other Apple employees. FILED IN SANTA CLARA COUNTY SUPERIOR COURT
  • 8. APPLE VS GERARD WILLIAMS III Williams in his defence, claimed that Apple had illegally inserted the “anti-compete” clause in his contract. Rejecting his request to toss the suit, the Judge said that the law doesn’t allow one to come up with a competitive enterprise with the employer’s resources while still working for them. However, the Judge also dismissed Apple’s bid for damages saying it could not be established how Gerard was intentionally trying to harm the company through his activities.
  • 9. The judge invariably analyzes the situation at the time of the breach and whether the alleged had malicious intentions or not. And if the alleged didn’t have wrong intentions, he may get immune from the punitive charges. · One should be well versed with the general employment laws in the country and any other specific industry law in a particular region or state. E.g., US States have different employment laws from each other. (“Unfair- Competitive laws” in California) WHAT DID WE LEARN FROM THIS CASE STUDY
  • 10. REMEDIES FOR BREACH OF CONTRACT When one party breach the contract; the other party can rescind the contract and he/she is free from all obligations under contract RECESSION OF THE CONTRACT means as much as earned. It is only an obligation created by law. It is not a contractual remedy, . QUANTUM MERUIT An order of the court directed the party who commits a breach of contract to do what they have promised to do. SPECIFIC PERFORMANCE Order of the court directing the party who commits a breach of contract either to do or not do something. It is usually given in cases of anticipatory breach of contract. INJUNCTION The damage of compensation awarded to the aggravated party for breach of contract DAMAGES