Podcast
Questions and Answers
What remedy is available to an aggrieved party if they want to file a suit against the guilty party for damages for breach of contract?
What remedy is available to an aggrieved party if they want to file a suit against the guilty party for damages for breach of contract?
- Suit for rescission of the contract (correct)
- Suit for specific performance of the contract
- Suit for injunction against the guilty party
- Suit for quantum meruit
What are exemplary damages made for?
What are exemplary damages made for?
- In case of delay in contract performance
- In case of minor breach of contract terms
- In case of breach of verbal contracts
- In case of breach of a contract to marry (correct)
What type of damages are allowed for loss actually sustained by the aggrieved party due to nonperformance of the contract?
What type of damages are allowed for loss actually sustained by the aggrieved party due to nonperformance of the contract?
- Ordinary Damages (correct)
- Exemplary Damages
- Special Damages
- Nominal Damages
Under what section of the Contract Act 1872 are special damages defined?
Under what section of the Contract Act 1872 are special damages defined?
When the injured party suffers no loss due to breach of contract, what are the damages recoverable by it?
When the injured party suffers no loss due to breach of contract, what are the damages recoverable by it?
In what circumstances is specific performance granted?
In what circumstances is specific performance granted?
What does an injunction order of the court do?
What does an injunction order of the court do?
How is specific performance related to injunction?
How is specific performance related to injunction?
When is it difficult to calculate the actual damages caused by non-performance?
When is it difficult to calculate the actual damages caused by non-performance?