Contract B Notes (including step-by-step answer flow charts)

Description

Comprehensive Contract B Notes The following topics are covered: Termination - Express - Mutual agreement - Breach of a condition - Breach of an intermediate term - Breach of a warranty - Repudiation - Time delay - Notice Requirements - Consequences of affirmation/termination - Restrictions on right to terminate Remedies - Right to damages - Compensation principle - Expectation damages - Reliance damages - Damages for loss of chance - Limitations on aware of damages - Liquidated damages - Equitable remedies - Action for debt Frustration - Destruction of subject matter - Disappearance of basis of contract - State of affairs essential to performance - Illegality - Delay - Limitations on frustration - Consequences of frustration Common Law Vitiating Factors - Duress - Undue Influence - Unconscionable Dealing - Remedies (Rescission) Misleading and Deceptive Conduct - Statutory provisions - Relevant audience - Misleading conduct - Statutory remedies (ACL) ---- STEP-BY-STEP FLOWCHARTS for the following topics: Termination: Breach Termination: Repudiation Termination: Time Delay Termination: Consequences of Affirmation/Termination Termination: Restrictions on Right to Terminate Remedies Specific Performance Injunctions Action for Debt Frustration Duress Undue Influence Unconscionable Dealing Rescission Misleading or Deceptive Conduct The author cannot guarantee the accuracy of the content of these notes. They should supplement prescribed cases/legislation and lecture materials of the most recent reading guide for LAW5005.