SCMA 323 Lecture Notes - Lecture 20: Contactor, Walmart, Specific Performance

47 views2 pages

Document Summary

10 page paper for extra credit (due in three weeks) Chapters from here on out: 17, 17, 18, 19, 22, 23, 29, 30, 36, 37, 47, 48, 49, 52, 53: try to stay two chapters ahead. Completion complete performance: fully discharge, promise on both sides. Tender of performance: discharged by offering to perform, you are ready, willing, and able to perform, i. e. , you tender me ,000 and i fail to sell you the car. Substantial performance: contractor who has substantially performed (99% fulfilled) Material breach: non-contracting doesn"t accept/ doesn"t pay, not something minor but something that is major. Compensatory damages: sue contractor of the cost of the other contactor coming to perform (incorrectly, compensate non breaching party for the loss of their bargain. Consequential damages: the breaching party is not only liable for compensatory damages but also anything foreseeable in flowing from that breach, i. e. , wal-mart contracts with company that males barbie dolls.

Get access

Grade+20% off
$8 USD/m$10 USD/m
Billed $96 USD annually
Grade+
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
40 Verified Answers
Class+
$8 USD/m
Billed $96 USD annually
Class+
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
30 Verified Answers

Related Documents