Remedies for Breach of Contract an Example of the Topic Economics Essays by

Remedies for Breach of Contract Abstract Trust is one of the most important factors in any business relationship. To ensure the trustworthiness of each party engaged in any type of business, it is greatly advised they establish a contract to clearly specify whatever they agreed upon. This will also put all the parties involved on the safer side. No business nowadays can work without a contract. Any disputes and arguments will be measurable, and responsibilities will be defined. If all parties can transact well without any problems, then there is no need for contracts. Yet this is an imperfect, complicated world where problems occur. So if one of the parties failed to fulfill the duties under the contract terms, there is a breach of contract. Whenever a breach of contract happens, the party claiming to be breached is entitled to a number of damages and are entitled to numerous remedies to seek redress of the grievances. (Mesriani Law Group, 2004-2008). Need essay sample on "Remedies for Breach of Contract" topic? We will write a custom essay sample specifically for you Proceed Remedies for Breach of Contract: A Review University Students Very Often Tell EssayLab writers:Who wants to write assignment for me?Essay writers propose: Buy Essay Papers And Live Free From TroublesCheap Essay Helper Best Essay Writing Service Review Best Writing Services Cheap Writing Service Reviews The remedies of breach of contract are divided into two categories: monetary and non-monetary. The presentation started with haste because a definition of the term, breach of contract, should have been a better introduction of the slide. On the second slide, the term liquidated damage was elaborated immediately. It is a monetary remedy, but it was implicitly discussed. There should be a slide before this to introduce the monetary category of the remedies and a proper introduction suggested is: these are the monetary remedies for breach of contract. The term Liquidated damage wasnt even defined clearly. Is it a reward or a penalty? (Breach of contract, slide 2). On the next slide, Nominal Damage was discussed. Again, the word nominal should have been defined. Notice that on the second slide, it stated there that liquidated damages should be nominal, if this is the case, how is it different from Nominal damages? (Breach of contract, slide 3). Punitive damage was discussed on the next s lide, but again, the word punitive should have been defined. It should also state what kind of remedy it is, and its not clear if its a reward or a penalty. (Breach of contract, slide 4). Injunction was presented on the following slide, but no proper introduction was given because this slide started to cover the non-monetary remedies. Again, definition of injunction should have been stated. Restitution, another form of remedy, was said to prevent one party from benefiting from something at the expense of another party. No concrete example was given to explain this phrase, because the fact is, all remedies are there to prevent unjust enrichment. (Breach of contract, slide 6). The summary part of the slide was very brief and disorganized. It should summarize the monetary remedies first, then the non-monetary. Punitive and restitution had been specially mentioned, but the others were not. There should be a balanced, equal discussion of all the damages, if the presenter had to define ju st two among them. (Breach of contract, slide 8). Appendix G Presentation Notes* What is the main point of this presentation? The presentation focused on the different types of remedies that can be monetary or non-monetary to settle the parties involved in the breach of contract. Compare and contrast this topic with the topic you presented. The topic I covered is about Legally Enforceable Sales Contract. The promising party and the promisee enter into a mutual agreement under a contract. Comparing it to the presenters topic, it comes hand in hand with my subject, because if any misrepresentation happened on the part of the agreement by the promising party, there is breach of contract. The promisee is entitled to press for damages toward the promising party. Thus, different remedies to settle the breach have been made. What did you learn most about this topic that was unclear or unknown before? Not all remedies to solve breach of contract require monetary reward. Were any of your questions about this topic left unanswered? If so, what are they? I doubt if the ones given in the report are the only remedies that can be done to solve breach of contract. There are more remedies but were not discussed. (Reinking, J. A. et al. 2003) References Reinking, J. A., Hart, A. W., & Von der Osten, R. (2003). Strategies for successful writing: A rhetoric, research guide, reader, and handbook (6th ed.). Boston: Prentice-Hall/Pearson Custom Publishing. Mesriani Law Group. 2004 2008. Breach of Contract. Breach of Contract. A power point presentation

A Sample Essay on Colonial History With Primary Sources

A Sample Essay on Colonial History With Primary SourcesBy using a sample essay on colonial history with primary sources, students can study colonial history at their own pace. The use of primary sources for the use of colonial history is an amazing way to explain why colonies were established in the first place.The colonial history behind the American Revolution was the English East India Company, or the Royal Navy. With their domination of the seas the English were able to reach back into the New World. When George Washington and other colonists sailed across the Atlantic Ocean, they did so with the supplies from the New World.The British government exploited this fact by making colonists to pay a fee for the right to land. The land would be on American soil and then granted to them for sale at an auction. The colonists thought that they would be getting a better deal than if they were paid to settle in a European country.Another reason for the England to support the United States w as because of its British Empire. The English had a very long history in America. They fought with the Puritans in the Massachusetts Bay Colony during the early years of the country. Even today the British Crown still has business ties in the country.As time went on, the English needed to defend their interests in the Americas. They thought that the United States was their last bulwark against the French and Spanish. The British provided the ships to allow for the shipping of military goods from England to the new colonies.The history of America as a country is of the greatest importance when studying colonial history. There are very few countries in the world that have been colonized so many times. Even though slavery was abolished, slaves remained an important part of the American economy. They also helped in the large-scale crop production, which was instrumental in the development of the country.Some of the other topics of the study of colonial history can include what happened to the founding fathers and what happened to the religious issues within the colonies. With the colonial history behind the United States, students can see how important the Founding Fathers were in shaping the nation. The later American Presidents followed the same concept of Washington, George Washington, Thomas Jefferson, Benjamin Franklin, John Adams, Alexander Hamilton, and several others. The American colonies were a source of inspiration for the rest of the world.All in all, the history of America is an interesting topic of study to study. There is a lot to learn about the founding fathers and their political party. Colonization is an exciting part of the story as well.