Contract remedies

What do we call damages that are set by a term in the contract?

(a)  

Which one of the following is NOT grounds for damages in contract law?

• Personal injury

• Damage to property

• Loss of profit

• Distress

Which one of the following is the correct definition of expectation loss?

• Damages for wasted expenditure.

• Damages to place the claimant in the same position as if the contract had been performed.

  
  

• Damages to place the claimant in the same position that they were in before the contract was created.

• Damages for distress caused by the breach.

Name the case that is authority for reliance loss.

(a)  

Name the case that is authority for expectation loss.

(a)  

"It is possible to sue for loss of opportunity in contract law."

• True

• False

Name the case that sets out the remoteness rule for contract law damages.

(a)  

Find the false statement for the remoteness rule.

• The loss must have been a natural consequence of the breach.

• The loss must have been in the reasonable contemplation of both parties when the contract was made.

• Losses were not recoverable in Hadley v Baxendale

• All losses were recoverable in Victoria Laundry v Newman

What is the principle in British Westinghouse v Underground Electric Railways?

• The claimant has a duty to mitigate their loss.

• Reliance loss

• No damages for distress

• Penalty clauses must be justified by the commercial context

What is the principle in Cavendish Square Holding BV?

• The claimant has a duty to mitigate their loss.

• Reliance loss

• No damages for distress

• Penalty clauses must be justified by the commercial context