LAW 601 Lecture Notes - Lecture 33: Contract, Meeting Of The Minds, Breach (Security Exploit)
Document Summary
Assurances, restatement 251 when a failure to give assurance may be treated as a. For excuses : that party does not perform those contract duties, and note that contract liability is strict liability no mental state requirement you either perform or you don"t, and the party says it is not in breach. Introductory note to the restatement sections 261 & ff: It is an accepted maxim that pacta sunt servanda, contracts are to be kept. The obligor is therefore liable in damages for breach of contract even if he is without fault and even if circumstances have made the contract more burdensome or less desirable than he had anticipated. The extent of his obligation then depends on the application of the rules on interpretation : even where the obligor has not limited his obligation by agreement, a court may grant him relief.
