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6 Written questions

6 Multiple choice questions

  1. ● Money the innocent party expected to receive and keep if contract was fully performed
    ● "Profit"
    ● If performance isn't 100%, then these damages can't be greater than if performed completely and received damages
  2. Allowing the innocent party to cancel the contract and (try to) return to pre contract position
  3. ● NYC mother in apartment with child
    ● Child grabs electric cord - gets 3rd degree burns
    ● Takes to hospital - if pay $, then doctor will take skin from thigh to cover the hand
    ● Hair follicle from thigh starting growing in the hand
    ● Hand doesn't look exactly like the other hand = breach of contract
  4. ● Require guilty party to perform contract because no other remedy can put innocent party in same position
    ● For personal services, can only use if government-safety-related
    ● Professional sports - can't make them perform
  5. ● Amount of money to compensate innocent party for the money the innocent party spent to perform their part of the contract
    ● "Costs"
    ● Labor and Material Costs
  6. ● Inseminate cows
    ● "Stud was a dud"
    ● Court didn't grant consequential damages

5 True/False questions

  1. DamagesIf breach of contract, what can I do about it?

          

  2. Specific PerformanceRequiring the guilty party to perform contract

          

  3. Consequential Damages● Amount of money to compensate innocent party for the money the innocent party spent to perform their part of the contract
    ● "Costs"
    ● Labor and Material Costs

          

  4. 4 Types of Damages● Amount of money to compensate innocent party for the money the innocent party spent to perform their part of the contract
    ● "Costs"
    ● Labor and Material Costs

          

  5. General Remedy RuleIf breach of contract, what can I do about it?