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Possibility of Performance(Breach, remedies and termination of contract)Summary - Introduction to Commercial Law (Laws1IC)

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This comprehensive document offers a meticulously crafted summary and a diverse range of practice questions for each section, catering specifically to the foundational concepts of Introduction to Commercial Law. Delve into clear insights and extensive practice to enhance your understanding and excel in this crucial module. A must-have resource for aspiring legal minds and students aiming for excellence in the commercial law landscape

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Uploaded on
September 20, 2023
Number of pages
29
Written in
2023/2024
Type
Summary

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POSSIBILITY OF PERFORMANCE:




Ariella(Ari)

,Ariella(Ari)

, Contents
Possibility of Performance ...................................................................................................................... 4
Breach of contract ............................................................................................................................... 4
Types of Breach .................................................................................................................................. 4
repudiation ...................................................................................................................................... 5
mora debitoris ................................................................................................................................. 5
mora creditoris ................................................................................................................................ 6
positive malperformance ................................................................................................................. 7
prevention of performance .............................................................................................................. 8
Breach and Remedies .......................................................................................................................... 8
breach of contract ............................................................................................................................ 8
specific performance ....................................................................................................................... 9
cancellation ................................................................................................................................... 11
damages......................................................................................................................................... 12
interdict ......................................................................................................................................... 13
declaratory order ........................................................................................................................... 14
penalty clause ................................................................................................................................ 15
Multiple Choice Question Bank on Contract Law ................................................................................ 16
Termination ....................................................................................................................................... 20
termination of contract .................................................................................................................. 20
performance or payment ............................................................................................................... 20
terminating a contract: notice ........................................................................................................ 20
release ........................................................................................................................................... 21
novation......................................................................................................................................... 21
merger ........................................................................................................................................... 22
impossibility of performance ........................................................................................................ 22
set-off (compensatio) .................................................................................................................... 22
prescription ................................................................................................................................... 23
death .............................................................................................................................................. 24
rouwgeld clause ............................................................................................................................ 24
cooling-off provisions ................................................................................................................... 25
Multiple Choice Questions: .................................................................................................................. 25




Ariella(Ari)
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