Question
What does expectation interest in contract law mean? a. Identify compensatory damages and where do they flow from. b. Identify what is meant by consequential/special
What does expectation interest in contract law mean?
a. Identify compensatory damages and where do they flow from.
b. Identify what is meant by consequential/special damages and where do they flow from?
c. Identify what is meant by incidental damages and what do they engender?
d. What are liquidated damages and under what conditions are common to their usage (i.e., under what circumstance(s) would you expect to include them in a contract if any? Where are they commonly found?)
What is Restitution interest?
What is Reliance's interest?
What is an Equitable remedy and when is it sought? (i.e., circumstances):
What is a Rescission of a contract and under what circumstance(s) may it be implemented?
What is a contract reformation and under what circumstance(s) may it be implemented?
What is meant by Specific performance under a contract and under what circumstance(s) may it be implemented?
What is an injunction, and what types are available?
What is a duty to mitigate damages and who has the burden to establish the performance of this duty?
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