BU231 Lecture Notes - Lecture 12: Breach (Security Exploit), Specific Performance, Clean Hands
Document Summary
If both sides receive everything they are entitled to, we say the contract is discharged: contract comes to an end when promises have been performed, no further legal effect, breach of contract cause of action. If someone has not received all they were entitled to the there has been a breach. Types of breach: express repudiation, telling you ahead of time, could be in your best interest if you know that you will end up breaching your contract, ca(cid:374) de(cid:374)y so(cid:373)eo(cid:374)e"s repudiatio(cid:374) ahead of time (e. g. I still expect my cupboard to be here in 2 weeks: by accepting this you can let yourself off the hook in case you yourself might wind up in breach afterwards, conduct rendering performance impossible (self-induced frustration) If someone makes it impossible to perform the contract: e. g. If someone buys the one piuece of quartz that i had marked for twice the price, and the seller sells it.
