Rights of Parties Upon Breach of Contract

The video tutorial discusses the breach of contract under common law, focusing on the complexities involved in contracts for the sale of goods. It explains the remedies available to sellers, such as stopping performance and reclaiming goods, and the options for buyers, including withholding payment and suing for breach. The tutorial highlights the importance of understanding legal and equitable remedies in contract law.

What is a key factor that complicates breach of contract cases involving the sale of goods?

• The goods have no physical value.

• The goods are always perishable.

• The goods may have already been exchanged or are in transit.

• The goods are always intangible.

What can a seller do if a breach of contract occurs and the goods have already been sent?

• Increase the price of the goods.

• Ignore the breach.

• Destroy the goods.

• Reclaim the goods.

How can a seller minimize damages after reclaiming goods?

• By destroying the goods.

• By storing the goods indefinitely.

• By reselling the goods.

• By giving the goods away for free.

What is one remedy available to a buyer if the seller breaches the contract?

• Increase the payment for the goods.

• Destroy the goods.

• Withhold payment for the goods.

• Ignore the breach.

If a buyer has already paid for goods and the seller breaches, what can the buyer do?

• Destroy the goods.

• Attempt to recover the amount paid.

• Ignore the breach.

• Pay more to the seller.