BUS-294 Lecture Notes - Lecture 14: Specific Performance, Breach (Security Exploit)

• School: Diablo Valley College
• Department: Business Accounting/Management/Marketing/Real Estate
• Course: BUS-294
• Professor: blair

Document Summary

While ccq 1375 states that one shall perform one"s contractual obligations in good faith, this is not always the case and the law provides recourses for breach of contract and damages. Breach of contract: one party did not perform his/her contractual obligations. Performance by equivalence ccq 1602: find a third party to perform the contract and sue breaching party for difference of cost. Ex: you hired contract a to paint your house for . Contractor a refuses to do the job so you hire contractor b to paint your house for . Contractor a for the difference in price, . Specific performance ccq 1601: injunction (a court order) to do, to stop, to prevent court order. Ex: you force a seller to sell you real estate. They refuse to go through with the sale so you take an injunction to force the sale.