What are valid defenses against a breach of contract claim

Assignment Help Business Law and Ethics
Reference no: EM131094345

Discussion: Defenses to Breach of Contract

Review the defenses to breach of contract below and write about an instance where you employed or considered using one of these methods and explain what happened.

What are valid defenses against a breach of contract claim?

The most common defenses to enforcement of a contract or liability for damages are as follows:

- Enforcement of the contract would violate public policy.Example:A contract to lease part of a liquor license will not be enforced because splitting a liquor license between two parties and two locations violates the public of the state. SeeDigesu v. Weingardt,91 N.M. 441, 575 P .2d 950(1978).

- Performance of the contract has become impossible or the purpose of the contract has become frustrated.Example:Dan hires Tom to paint his house, but the house burns down before the contract can be performed.

- The contract is illegal.Example:The contract is for commission of murder.

- The contract lacks consideration.Example:Tom promises to give $20 to Dan, but Dan does not have to do or give anything in return.

- The contract was obtained by fraud.Example:Blue Company refuses to sell to Red Company, so Red Company sends Pink Company to buy goods from Blue Company and turn them over to Red Company.

- The contract limits the amount of damages that can be recovered.Example:The contract states that in the event of a minor breach, the damages will be $100 regardless of the actual loss.

- The contract contains a unilateral mistake that was material to the agreement and the other party knew or should have known of the mistake.Example:Maria paid Tom a lot of money for a painting signed "Picasso". Tom knew that Maria thought Pablo Picasso painted it, when really Arnold Picasso was the printer, but Tom did not correct the misunderstanding.

- The parties have accepted the contract performance, or a substitution for the performance, as adequate. This is called accord and satisfaction.Example: Tim owes Frank $100 on a contract debt. Frank agress to accept a radio worth $50 in exchange for discharging the debt.

- When Frank changes his mind and sues for the additional $50.00, the Court will not enforce the original contract because Frank has accepted the radio as performance of the contract.

- One (or both) of the parties lacked capacity to make the contract.Example: A party to the contract is 16 years old or is mentally incompetent.

Reference no: EM131094345

Questions Cloud

Draw diagram showing network design indicating the switches : Draw a diagram showing the network design indicating the switches, firewalls, routers, WAN and Internet connections, servers, etc. Please use APA formatting. The paper should be written professionally.
How many credits toward social security : • As part of your planning, how can you estimate what you can expect from Social Security as a contribution to your retirement income? Find this answer by going to http://www.ssa.gov/retire2. Using the menus at this site, find out your retirement ..
Explain who is liable for injuries suffered by pedestrian : Develop an understanding of the legal implications of a principal-agent business relationship. Apply this understanding to a hypothetical business situation where the agent enters into a contract and causes an injury to a third party.
How concerned are you about your individual privacy : How concerned are you about your individual privacy and your online activities? How are your personal data protected by companies that collect customer data? As an individual, what steps do you take to maintain your individual privacy?
What are valid defenses against a breach of contract claim : Review the defenses to breach of contract below and write about an instance where you employed or considered using one of these methods and explain what happened.
Reflect upon the desirable characteristics of a primary key : Reflect upon the desirable characteristics of a primary key (below) that were presented in this week's lecture. (150-300 words) Choose one characteristic and discuss why you believe it would be undesirable if this were not a characteristic of a pr..
Boris pasternak awarded the nobel prize : In 1958, Russian poet and novelist Boris Pasternak was awarded the Nobel Prize for literature, but negative Soviet reaction forced him to refuse the honor. For which novel was Boris Pasternak awarded the Nobel Prize?
Compute the break-even point in units : 1. Airy Window Units sells air conditioners for $125 per unit, and the variable cost to produce them is $87. The owner estimates that the fixed costs are $4,186,000.
Would bee liability insurance pay in this situation : Ms. Bumble Bee operates a florist shop. During a particularly busy day, she allowed one of her employees, Barry, to use her (Bee's) personal car to assist with deliveries. Barry had just obtained his driver's license. Barry was involved in an ..

Reviews

Write a Review

Business Law and Ethics Questions & Answers

  Explain the daubert rule in contrast to the frye standard

Explain the Daubert Rule in contrast to the Frye Standard and disclose which one of the two would allow for the identification of more expert witnesses if they were used exclusively

  Suppose a thirteen year old individual previously charged

1.choose two types of trial waivers that are currently used in your states juvenile court system. compare the

  How would kurzweil respond to the kaczynski dilemma

Contrast Joy and Kurzweil's techno-pessimism and techno-optimism. How would Kurzweil respond to the Kaczynski dilemma (this will require you to articulate and evaluate the dilemma)

  Discuss how that right has affected procedures

Choose 1 of the specific rights from above, and discuss how that right has affected procedures implemented in law enforcement, the courts, or correctional facilities

  How could brandis behavior be explained

How could Brandi's behavior be explained using differential association theory? How could Brandi's behavior be explained using social learning theory

  Directions write a three-page research paper not including

directions write a three-page research paper not including the cover and reference pages that provides the

  Accommodations cannot be dismissed as too costly without

why is each of the following good legal advice? explain your answer.a. employers must reasonably accommodate qualified

  Election campaign at standard manufacturing company

During a union election campaign at Standard Manufacturing Company, the employer can

  Crisis intervention human service delivery system

Describe the services provided by your selected mental health or crisis intervention human service delivery system

  Brief letter of about addressing marias request

Please write a brief letter of about 500 words addressing Maria's request. Please use applicable quotes and/or ideas from the two cases above in your letter

  How would create and establish such a police organization

If you must consolidate the police, would you have to do the same to the criminal justice system? How would you create and establish such a police organization?

  Write a 1050- to 1400-proposal for implementing the two

write a 1050- to 1400-proposal for implementing the two trends at an agency. include the following in your proposal

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd