A short essay described what the author learned at the end of the commercial law class.
Date Submitted: 03/12/2002 01:24:58
Category: / Law & Government / Law Issues
Length: 3 pages (802 words)
Category: / Law & Government / Law Issues
Length: 3 pages (802 words)
The plaintiff will argue that the plaintiff had a written contract of $33000 with Steve by which the plaintiff allowed Steve to operate his carousel for the seven days the Show was open to the public. The plaintiff had performed all contractual obligations including providing outdoor lighting, continuous security services, regular rubbish collection services and free electricity for the duration of the show, access to the site for 7 days before and after the period the show …
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…he had incurred many expenses in preparing to operate his carousel. The parties both suffer losses from the frustration of the contract. According to section 7(1), where a contract is frustrated, there will be an adjustment between the parties so that no party is unfairly advantaged or disadvantaged in consequence of the frustration. It would be unfair for the defendant to pay for the contract price. Hence, The plaintiff cannot recover its price nor get damages.
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