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Damages In Lieu Of Performance Because Of Breach Of Contract, John Y. Gotanda
Damages In Lieu Of Performance Because Of Breach Of Contract, John Y. Gotanda
Working Paper Series
In contract disputes between transnational contracting parties, damages are often awarded to compensate a claimant for loss, injury or detriment resulting from a respondent’s failure to perform the agreement. In fact, damages may be the principal means of substituting for performance or they may complement other remedies, such as recision or specific performance.
Damages for breach of contract typically serve to protect one of three interests of a claimant: (1) performance interest (also known as expectation interest); (2) reliance interest; or (3) restitution interest. The primary goal of damages in most jurisdictions is to fulfil a claimant’s performance interest by …
Comparative Study Of The Formation Of Electronic Contracts In American Law With References To International Law, Roberto Rosas
Comparative Study Of The Formation Of Electronic Contracts In American Law With References To International Law, Roberto Rosas
Faculty Articles
An understanding of the basic principles that regulate contract formation is of great importance when deciphering the most appropriate ways of fom1ing a new contract or when assessing the legality of an already existing contract. While the basic rules of contract formation are generally applicable to all types of contracts regardless of the method utilized in their creation, there are some juridical rules that apply specifically to electronically created contracts.