LAWS 3003 Study Guide - Final Guide: Collateral Contract, Parol Evidence Rule, London Drugs
Document Summary
Dictates that an individual cannot sue on a contract to which they are not a party. It permits contracting parties to reduce and eliminate the potential for direct, consequential, special incidental and indirect damages should there be a breach of contract. In some cases a cap on damages can be used. William tweedle was engaged to a miss guy. The groom"s father entered into an agreement with the bride"s father, william guy, to pay the groom, william tweedle, 200 lbs if he paid the groom 100 lbs, all which was recorded in a written contract. William guy subsequently died, and the estate would not pay. William guy"s estate for the promised 200 lbs, namely the estate executor mr atkinson. The case was dismissed as no stranger to the contract can take advantage of the contract. The action of consideration was never settled to move from him therefore there was no obligation in the future to pay.
