Equitable remedy specific performance
WebEquitable Remedy Court-ordered action that directs parties to do or not to do something; such remedies include injunctive relief and Specific Performance. Alternatively, a non-monetary remedy, such as an Injunction or specific performance, obtained when a legal remedy such as money damages cannot adequately redress the injury. WebDec 24, 2014 · The courts have determined are a variety of equitable remedies, but the principal remedies are: Injunction, Specific performance, Account of profits, Rescission, Declaratory relief, Rectification, Equitable estoppels, Subrogation [iii]. The most popular ones were injunctions and specific performance.
Equitable remedy specific performance
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WebJan 15, 2024 · Specific performance is an equitable remedy that, instead of awarding money damages to the prevailing party, requires the breaching party to perform under the contract. “Specific performance is appropriate, however, when ‘the subject matter of the particular contract is unique and has no established market value.’” WebYes, it can be enforced under the equitable remedy of specific performance. b. No, it can’t be enforced because Manuel canceled the contract before it was executed. c. No, it can’t be enforced because this is of a personal nature, and Manuel retains the rights to the painting. d.Yes, it can be enforced under the theory of quasi-contract ...
WebSpecific performance. An equitable remedy available for breach of contract. A decree by the court to compel a party to perform its contractual obligations. In the High Court, … Webconcerned the equitable remedies of specific performance, injunctions and equitable damages in the context of a breach of contract. These cases have brought into focus the important role and scope of equitable remedies for breach of contract. We consider some of these seminal cases. Specific Performance Netline v QAV Pty Ltd (No 2) [2015] …
Webequitable relief The remedy resulting from a claim of estoppel. Equitable relief is distinguished from remedies for legal actions in that, instead of seeking merely monetary damages, the plaintiff is seeking that the court compels the defendant to perform a certain act or refrain from a certain act. WebIn common law jurisdictions and mixed civil-common law jurisdictions, the law of remedies distinguishes between a legal remedy (for example a specific amount of monetary damages) and an equitable remedy (for example injunctive relief or specific performance). Another type of remedy available in these systems is declaratory relief, …
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WebJan 16, 2024 · Equitable relief is a legal remedy applied by a court when remedies such as monetary damages are considered inadequate to rectify the situation. Equitable … leeds city college harrogateWebThe remedy of specific performance is equitable in nature and governed by equitable principles. Strahan v. Haynes, 33 Ariz. 128, 139, 262 P. 995, 999 (1928). Thus, it is not an appropriate remedy if there is evidence of unfairness, fraud, or overreaching on the part of the non-breaching party. Shreeve v. how to extract image from youtube videohow to extract image from excelWebSpecific Performance is a Type of Equitable Remedy When a contract is breached, non-breaching parties may be entitled to one of two forms of relief: legal relief or equitable relief. Legal remedies are basically about damage recovery, and so the non-breaching party will recover a certain amount of money in order to rectify the breach. how to extract images from a videoWebJul 5, 2024 · Specific performance is an equitable remedy, which means that it is awarded at the discretion of the court. Parties are not automatically entitled to it. Specific … leeds city college horsforth campusWebApr 12, 2024 · Pennsylvania law recognizes both legal and equitable remedies for breach of contract claims. See, e.g.Rizzo v. Haines, , 555 A.2d 58, 68 (Pa. 1989) (discussing a breach of contract action for monetary damages); Linde v. Linde, 210 A.3d 1083, 1090–91 (Pa. Super. Ct. 2024) (describing specific performance as a remedy for breach of … leeds city college football academyWebDescription: Legal economists and other theoreticians continuously debate the pros and cons of specific performance as a remedy for breach of contract; and comparative-law scholars debate the extent to which legal systems actually diverge on this issue. Very few studies have used qualitative methods, vignette surveys, or incentivized lab ... leeds city college health and social care