Professional Documents
Culture Documents
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1 INTRODUCTION
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4 SUIT FOR INJUCTION
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5 SUIT FOR SPECIFIC PERFORMANCE
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6 SUIT FOR QUANTUM MERCUITS
7 CONCLUSION 7
INTRODUCTION
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SUIT FOR RESCISSION
In contract law, the term rescission refers to the undoing , or unmaking of a contract
between parties .Rescission of a contract may be ordered by court as an equitable remedy in a
civil lawsuit , and is intended to bring the parties as close to the same position they were in
before they entered into the contract as possible. While there are number of reasons for which
a contract may be cancelled, not all contracts may be rescinded. To explore this contract,
consider the following rescission definition. Contract rescission requires that all parties give
back any benefits they have received while the contract was in force, and be returned to their
original states, as though the contract had never been in the first place. While some jurisdictions
use the words rescission and cancellation interchangeably, others use the term rescission to
refer to making something void, or for reversing a contract or a judicial decision. For example,
a higher court can rescind a judgement based on errors made by the court during a criminal
trial. Contract rescission can only be effected through equitable or legal. When effected through
equitable means, a judicial decree voids the contract and returns the parties immediately to the
state in which they were before they entered into the contract. The court does not award either
party damages. In this case, rescission prevents either party from taking any future action
regarding the contract. As a legal remedy, the rescinding party provides the other party with
notice of rescission or cancellation, and returns any monies or other benefits received from the
contract.
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SUIT FOR DAMAGES
Damages attempt to measure in financial terms the extent of harm a plaintiff has
suffered because of a defendants action. Damages are distinguished from costs, which are the
expenses incurred as a result of bringing a lawsuit and which the court may order the losing
party to pay. Damages also differ from the verdict, which is the final decision issued by a jury.
The purpose of damages is to restore an injured party to the position the party was in before
being harmed. As a result, damages are generally regarded as remedial rather than preventive
or punitive. However, Punitive Damages may be awarded for particular types of wrongful
conduct. Before an individual can recover damages, the injury suffered must be one recognized
by law as warranting redress, and must have actually been sustained by the individual. The saw
recognizes major categories of damages : compensatory damages , which are intended to
restore what a plaintiff has lost as a result of a damages , which consists of a small sum awarded
to a plaintiff who was suffered no substantial loss or injury but has nevertheless experienced
an invasion of rights and punitive damages .
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SUIT FOR INJUNCTION
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SUIT FOR SPECIFIC PERFORMANCE
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SUIT FOR QUANTUM MERCUIT
The Latin term quantum mercuit, translates to as much as he has earned, and refers
to the actual value of services rendered. The legal theory of quantum mercuit holds that a
person should not be obliged to pay, nor should the other party receive, more than the value of
the services exchanged. This concept may be used as an equitable remedy in a civil lawsuit,
often where the transaction for goods or services was done without a written contract specifying
the amount due. To explore this concept, consider the following quantum mercuit definition.
For instance, mostprofessional roofers hired to repair a roof insist on having a formal agreem
ent with the owner of the house before beginningthe repairs. In the absence of an agreement
or formal contract, the roofer may be unable to recover losses in court if the transaction goes
awary. Quantum meruit is a judicial doctrine that allows a party to recover losses in the
absence of an agreement or binding contract.
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CONCLUSION
Breach of Contract which is cause by being unclear of the terms in the contract, leaving
undecided can result in an unsatisfied customer, lost opportunity to boost their business, and
get a lawsuit for breach of a contract. It is important to have a detailed and clear contract being
made so that the breach of contract could be prevented. The three main objectives of the
monograph, as identified in the Introduction. They were to assess the extent to which the
performance interest is protected in England, to explain the reasons why this level of protection
is provided, and to consider how English law might evolve to enhance the protection of the
performance interest in the future. The conclusion of the book is that the commitment in
English law to protecting performance is equivocal and that the divide between England and
France in this area is significant. The reasons behind the remedial solutions for breach of
contract in England and the differences between English and French law are multiple (a
complex array of historical, technical, cultural, and philosophical factors). The chapter also
discusses the remedial solutions explored in the book to reinforce the protection of the
performance interest. In order to avoid difficulty of classifying statements and the consequent
uncertainty in defining terms of the contract, a written contract may include an entire
agreement clause.