LAW OF CONTRACT

Law of Contract

Jade (J) vs. Hari (H)1

Jade (J) vs. Rosso (R)2

Performance and Breach3

Termination by Agreement4

Failure of Contingent Condition4

Termination for Breach5

Termination for Repudiation5

Termination for Delay5

Consequences for Termination or Affirmation5

Restrictions on Termination6

Measure of Damages6

Limitations on Damages6

Liquidated damages6

Actions for debt7

J's entitlement to terminate the contract with R7

Advice on Approval within 14 Days8

References9

Law of Contract

In this particular paper the core concern is to deal with two different cases which are confronted one after the other by Jade (J). The breach of contracts is by Hari (H) and Rosso (R). Both the time J is the one who has filed the case. In both the cases the revenue of her business are directly related. In this paper there is going to be a detailed work done for both the cases. Laws related to both the cases are going to be discussed for making the advices accompanied with solid reasoning. After going through this piece of work all the fundamentals related to the cases of Jade (J) vs. Hari (H) and Jade (J) vs. Rosso (R) will be highlighted.

Jade (J) vs. Hari (H)

As specified by Jacobs, (2010) tenants are guaranteed that they have an obligation in case of damage. They are not supposed to out go in the situations where they have caused a damage and are asked to repay, what they have caused. Referring to the clause 16;

“This clause was held to contemplate loss of bargain damages, especially in context of the further words which referred to the recovery of damages for loss suffered by the lessor during the “entire term” of the lease. This was held to mean to the interval stated in the lease as the term, and not only the term until brought to and end by acceptance of repudiation.

There is clear evidence found in Jacobs, (2010) that a repair covenant is considered to be breached not just in a situation where premises fall into some disrepair while the term of lease is ongoing. It is also considered to be breached in situations a where tenant destroys or alters the premises (Graham v Markets Hotel Pty Ltd [1943] cited in Duncan and Christensen, 2004). Actions that might be brought in the breach of a repair covenant n situation when the possession is still with lessee, then the tenancy continues with the general body of rules is; that the reduction in the value of reversion which is owing towards the breach of covenant.

So, here the amount is required to be determined as with reference to span of time in which lease is still going to be run (Gooderham and Worts Ltd v Canadian Broadcasting Corporation [1947] AC 66, 83, cited by Smith, 1950). Although, diminution (decrease) in the value is going to be preferred with the cost which is being incurred on putting assets under repairing workshops, this is due to the fact that owner has no obligation of expending any money which is recovered in the form of damages while carrying-out the process of repair and whatever has ...