Contract Law-Breach of Contract and Remedies notes for Law Students Ba llb notes for contract-I Q. 1. Explain ‘breach of contract’ as a mode of discharge of contract. Or What do you understand by ‘anticipatory breach of contract’? State the rights of the promisee in case of such breach. Ans. Breach of contract means a…
Contract Law pdf-Breach of Contract measure of Damages and liquidated Damages and Penality BA LLB 3rd semester for Contract-I Law pdf Q. 5. Elaborate on the following with regard to Breach ofContract :(a) Measure of Damages(b) Liquidated Damages and Penality.Ans.(a) Measure of DamagesAfter the extent of loss which the plaintiff can recover has beendetermined, it…
SHORT ANSWER TYPE QUESTIONS Q.1. Give the definition of Consideration? Ans. Consideration has been variously defined. The simplest definition is by Blackstone, ” Consideration is the recompense given by the party contracting to the other.” In other words, it is a price of the promise. In the words of Pollock, consideration is the price for…
VERY SHORT ANSWER TYPE QUESTIONSQ. 1. Define Agreement ?Ans. “Agreement” is defined as “every promise and every set ofpromises forming the consideration for each other. And a promise isdefined as an accepted proposal. Section 2 (b) says: “A proposal, whenaccepted, becomes a promise.” This is another way of saying that anagreement is an accepted proposal….