damages

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16 Terms

1
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What is the primary purpose of damages in contract law?

To compensate the claimant for loss caused by the breach, putting them in the position as if the contract had been performed

2
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What are the two main measures of pecuniary damages?

Expectation measure and reliance measure.

3
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Describe the 'expectation measure' of damages

Aims to award the claimant the value of the benefit they expected to receive if the contract had been properly performed

4
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Describe the 'reliance measure' of damages

Compensates the claimant for expenses incurred in reliance on the contract, often used when expectation loss is too difficult to predict

5
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What are the three main limitations on damages?

Causation, Remoteness, and Mitigation

6
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Explain the 'causation' limitation on damages

The breach must be the dominant or effective cause of the loss claimed

7
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Explain the 'remoteness' limitation on damages.

The innocent party can only claim for losses that are not too remote a consequence of the breach.

8
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Explain the 'mitigation' limitation on damages

The innocent party has a duty to take reasonable steps to minimize their losses

9
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What is 'specific performance'?

A court order requiring the defendant to perform their contractual obligations

10
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Is specific performance available as of right?

No, it is an equitable remedy and is discretionary

11
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When is specific performance typically NOT awarded?

If damages are an adequate remedy or for contracts to perform personal services

12
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  • What is an 'injunction' in contract law?

A court order preventing a party from breaching a negative stipulation in a contract

13
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What is 'restitution' in contract law?

A remedy focused on preventing unjust enrichment of the breaching party.

14
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What is 'quantum meruit'?

A reasonable sum for work done or goods supplied.

15
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What is an 'account of profits'?

A remedy that requires the breaching party to give up any profits gained from the breach

16
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In what circumstances is an account of profits typically awarded?

In exceptional circumstances where other remedies are inadequate