The Law of Contract (LC 2026) (Leaving Cert Business): Quizzes
📚Quizzes
Practise the questions
10 questions from this quiz
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Practise the questions
10 questions from this quiz
What are the two aims of remedies for breach of contract?
What are the two aims of remedies for breach of contract?
Enforce contract or compensate
How many main remedies are available for breach of contract?
How many main remedies are available for breach of contract?
Three
Which remedy for breach of contract is the most common?
Which remedy for breach of contract is the most common?
Damages
What is the goal of awarding damages for breach of contract?
What is the goal of awarding damages for breach of contract?
Place party in position as if no breach
When is specific performance typically used as a remedy?
When is specific performance typically used as a remedy?
When compensation would not be enough
What does specific performance require?
What does specific performance require?
Party carries out exact obligations
Why is land relevant to specific performance?
Why is land relevant to specific performance?
Land is considered unique
What does rescission mean?
What does rescission mean?
Contract is set aside
What happens to parties when a contract is rescinded?
What happens to parties when a contract is rescinded?
Returned to original positions
A caterer fails to show up at a wedding. What can the couple claim?
A caterer fails to show up at a wedding. What can the couple claim?
Extra cost of replacement caterer