WebFeb 21, 2011 · Remember that damages is not the plural of damage, but actually has a different meaning.. Damage means “loss or injury to a person or property”. It is an … WebSep 1, 2024 · An equitable remedy is a remedy which may be ordered by a court in a breach of contract case. Generally, remedies are divided into two categories, legal remedies and equitable remedies. A legal remedy is a remedy which allows the non-breaching party to recover compensatory damages, or money damages.
Remedies Flashcards Quizlet
WebMar 31, 2014 · Previously, it was expected that where damages are available for breach of contract, they would be considered an adequate remedy as per the American Cyanamid case regardless of any applicable... WebThere are limits on the amount of compensatory and punitive damages a person can recover. These limits vary depending on the size of the employer: For employers with 15-100 employees, the limit is $50,000. For employers with 101-200 employees, the limit is $100,000. For employers with 201-500 employees, the limit is $200,000. how deep do they bury electric lines
Damage limitation clauses: damages may not be an …
WebAs an alternative to the measure of damages stated in § 347, the injured party has a right to damages based on his reliance interest, including expenditures made in preparation for performance or in performance, less any loss that the party in breach can prove with reasonable certainty the injured party would have suffered had the contract been … Webdamages provision turns on (1) the reasonableness of the stated liquidated damages amount compared to the amount of the anticipated loss as a result of the breach and (2) … WebNov 18, 2024 · In assessing whether damages were an adequate remedy for Vodafone, the Court provided further guidance on the circumstances in which the loss of a contract is of such reputational value to the claimant that damages could not be considered adequate to compensate it, notwithstanding that the value of the contract may be low in the context of … how deep down is the mantle