Rights of Parties Upon Breach of Contract

Rights of Parties Upon Breach of Contract

Assessment

Interactive Video

Business, Social Studies

University

Hard

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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.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the general legal options available to a party when there is a breach of contract?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the complexity of a breach of contract change when goods are involved?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What actions can a seller take in the event of a breach of contract?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways can a buyer minimize their damages in the event of a breach?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What remedies are available to a buyer if the seller breaches the contract?

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