A CRITICAL EVALUATION OF REMEDIES FOR CONTRACTUAL BREACH
Abstract
In this study we have investigated the nature and legal effects of the contractual remedies,
thus the role and specifications of English Contract Systems has been demonstrated with an
efficacy and knowledge to understand the jurisdiction of the law pertaining with the context
of Contractual law that how the parties could evaluate each other, how they follow the
compliance and how they meet their stated terms and conditions. If they do not fulfil the
stated terms and conditions they may enter into the breach of contract which make the whole
contract Void and for this act there are several remedies in contract law through which one
can enable to claim against guilt party.
This research has concluded each remedy simultaneously which have various functions such
as (restorative, preventive and corrective). Compensation as a claim is demanded which is the
part of remedial system. The recognition of the parties are entitled to hold the measures and
economic efficiency which may provide hierarchy of judicial intervention with fair outcome.
The efficiency of the interpretation, qualifications, respective national system. Thus to
enforce the local statues and case laws, various supports have been taken in the entire
research
Table of Contents
Table of Contents.......................................................................................................................4
Abbreviations.............................................................................................................................6
Table of Cases............................................................................................................................7
Table of Statutes ........................................................................................................................8
Chapter -1 ..................................................................................................................................9
1. Introduction ........................................................................................................................9
Chapter -2 ................................................................................................................................14
2. Methodology.....................................................................................................................14
2.1. Legal Research Methodology .......................................................................................14
2.1.1. Doctrinal Methods.....................................................................................................14
2.1.2. Qualitative Research .................................................................................................15
2.1.3. Aims and Objectives of Qualitative and Doctrinal Methods of Research ................16
2.1.4. Limitations and Advantages of Qualitative and Doctrinal Methods.........................17
2.1.4.1. Advantages of Doctrinal Method ..............................................................................17
2.1.4.2. Limitations of Doctrinal Method...............................................................................17
2.1.5. Summary of the Chapter ...........................................................................................17
Chapter- 3 ................................................................................................................................19
3. Contractual Remedies: Definition and Nature..................................................................19
3.1. Introduction...................................................................................................................19
3.2. Discussion.....................................................................................................................20
3.3. Nature of Remedy through the Contractual Theories...................................................21
3.3.1. Classic View on Contract as a Free Bargain (Holmes).............................................21
3.3.2. Contract as Tort.........................................................................................................22
3.3.3. Contract as a Promise and Expectation Damages (Charles Fried)............................22
3.3.4. Contract as Consent...................................................................................................23
3.4. Law-and-Economics Efficiency Theory. ......................................................................24
3.4.1. The primacy of the Remedy Model...........................................................................26
3.4.2. The Primacy of Right Model.....................................................................................26
3.4.3. The Unity of the Right Remedy Model.....................................................................26
3.4.4. The Acoustic Separation Model................................................................................26
3.5. Summary of the Chapter ...............................................................................................27
Chapter-4 .................................................................................................................................28