Monash

Semester 1, 2019


LAW5005 - Contract B Exam Notes

57 pages

16,760 words

$59.00

5

Description

The notes include the following topics, in addition with case summaries and authorities:

- Termination for a breach
-- Breach of a contract
-- Termination

- Termination for repudiation and delay
-- Repudiation
-- Delay

- Consequences of affirmation or termination and restrictions on the right to terminate
-- Termination v Affirmation

- Measure of damages
--Damages
-- Limitations on the award

- Liquidated damages, specific performance and injunctions
-- Liquidated damages / penalties
-- Specific performance
-- Injunctions
-- Equitable damages

- Restitution and action for debt
-- Restitution
-- Action for debt
-- Payment independent of performance

- Frustration

- Abuse of power
-- Vitiating factors
-- Abuse of power

- Remedies for vitiating factors under common law: rescission and statutory unconscionability
-- Remedies for vitiating factors
-- Statutory unconscionability

- Misleading and deceptive conduct
-- MDC v statutory unconscionability

- Remedies for vitiating factors under statute
-- Statutory remedies