0
What else can I help you with?
Under what circumstances can either party terminate this agreement?
Either party can terminate this agreement under the following circumstances: breach of contract, mutual agreement to end the agreement, or if one party fails to fulfill their obligations outlined in the contract.
Under what circumstances would an agency relationship not be terminated by a breach of contract?
An agency relationship may not be terminated by a breach of contract if the breach is minor and does not significantly impact the ability of the agent to fulfill their duties. Additionally, if the parties agree to continue the relationship despite the breach, the agency relationship may not be terminated.
Under what circumstances does a contract reset by operation of law?
A contract may reset by operation of law when there is a material breach by one party, a mutual agreement to cancel or modify the contract, or if the contract is deemed illegal or impossible to perform.
What is theDifference between breach of contract and discharge of a contract?
breach is a form of discharge. Generally, a discharge is when a contract ends for any reason. A breach is when one of the parties does not perform under the contract. Breach could lead to discharge, rescission, or damages, or nothing.
How discharge a contract?
By performing all obligations under the contract By operation of law By breach By aggreement
What is Breach of contract of carriage and damages?
Means failure of a party to fulfill his obligations under the contract
What is the aim of a payment of damages for breach of contract?
The measure of damages in a claim for breach of contract is that sum that would place the Plaintiff (the aggrieved party) in the same position as he/she/it would have been had the contract been performed by the breaching party. This is most frequently meaured in terms of money, but under certain circumstances, the remedy for breach may be "specific performance"--in other words, getting the court to order the breaching party to actually do that which he/she/it promised to do.
What is specific performance of contract and under which circumstances specific performance not granted?
Specific performance is when the court orders someone who is in breach of contract to do what they said they would do under the contract. Specific performance is not granted if the contractual breach can be remedied with damages, or if it is a personal service.
How can one prove a breach of contract?
To prove a breach of contract, one must show that a valid contract existed, that one party failed to fulfill their obligations under the contract, and that the other party suffered damages as a result of the breach. This can be done through evidence such as written contracts, communication records, and documentation of the damages incurred.
What are the similarities of breach of contract and frustration of contract?
Frustration is when something happens that makes it impossible to perform the contract or makes it so that performance of the contract would undermine the purpose of the contract, whereas breach is caused by a non-performance under the contract.
What is the equitable remedy of Specific Performance?
Specific performance is a legal remedy in which a court orders a party to perform a specific act, usually related to a contract. It is typically used when monetary damages are inadequate to fully compensate the injured party, and the subject matter of the contract is unique, such as real estate. This remedy is discretionary and may be granted if the court determines it is appropriate under the circumstances.
What is the legal implication of refusal to accept payment under the law?
Refusing to accept payment can have legal implications depending on the circumstances. In some cases, it may be considered a breach of contract or refusal to fulfill a legal obligation. It could also lead to potential legal action or consequences, such as a lawsuit for non-payment or breach of contract. It is important to consult with a legal professional for specific advice on this matter.
