This ia slidecast about breach of contract and remedies

1. Breach of contract and remedies By: Leyman Wesley Course: English for law practice 1 Year: 2009-2010

2. Leyman Wesley Blog: breach of contract and remedies On www.2rp1team2.wordpress.com Button Unit 6: Leyman Wesley

3. Index Introduction Foresee a damage Enforce a damage Types of damages My opinion

4. Introduction 2 parties with the same objective 1 party can’t fulfil his obligation Breach of contract The non-breaching party will seek for a remedy

5. Whatcan the non-breaching party do? Foresee a damage in the contract Enforce a damage

6. Foresee a damage Stipulated damage Foresee in a compensation compensation in money compansation in an obligation

7. Enforce a damage In court, mentioned in the contract Several damages Possible that there is a rejection

8. Enforce a damage Which? Punitive damage/ exemplary damage Reliance damage Expectation damage/ benefit of the bargain damage Restitution damage General damage/ actual damage

9. Types of damages Punitive damage or exemplary damage Stipulated in law Not enough satisfaction effect/ costs > damage Reliance damage Costs made by the non-breaching party In belief that the contract would be accomplished

10. Types of damages Expectation damages/ benefit of the bargain Position if contract had been accomplished Restitution damages Benefit breaching party to non-breaching party General damage/ actual damage Loss that is result of the breach

11. My opinion Foresee always a damage Prevention is better than the cure Appoint an arbitrator A faster conclusion of the case

12. The end When you make a contract with someone, just take care that you mention a damage. Thank you for your attention