The flashcards below were created by user
Elements to prove recovery on basis of Quasi-K
1. Material benefit bestowed
2. Reasonable assumption π would get paid
3. Connection between π and ∆
4. Exhausted all other possible remedies
US Naval Inst V. Chart Communications
Failure to follow K terms is breach. Calculate remedy by π's loss not ∆'s gain
Hawkins v McGee
The hairy hand case- What is said should be accepted at face value. Promises or Guarantees should be upheld to face value of oral agreement.
Bayliner Marine v Crow
Expressed warranties should be accepted for face value but mere opinions or commendations of a sellers product are not expressed warranties and thus are not bases for enforcement.
A collection of Contracts Flashcards from SRFs 2011-2012 E01 Class