Damages For Breach Of Contract

Damages For Breach Of Contract

Damages for breach of contract are reduced by payments received by the injured party from other sources, for instance a replacement buyer or an insurance company.  However damages collectible by victim of personal injury or other tort are not reduced by payments by...
Promises And Contracts

Promises And Contracts

To form a contract, a promise by one party must be supported by a benefit conferred, detriment suffered, or promise of such benefit or detriment by the other party.  Past benefits conferred or detriments suffered are insufficient.
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