If the compensation to be paid on breach of contract is the genuine pre-estimate of the prospective damages, it is known as

Related MCQs

• Where there is a breach of warranty -by seller; or where the Buyer elects or is compelled to treat any breach of condition by the seller as breach of warranty, the buyer is entitled to —
• Damages awarded with a view to punish the party who commits the breach of contract are known as
• In case of breach of contract, the Indian law awards damages
• The provisions regarding the measure of damages for breach of contract are laid down in
• Which one of the following is relevant in normal circumstances in determining the amount of damages for breach of contract?
• Where the parties to a contract have agreed that a certain sum of money would be paid in case of breach of contract, the Court will ensure that
• A party to a contract committing breach, is liable to pay compensation in respect of
• In case of interest by way of damages and special damages in a suit by the seller u/s 61, the interest may be calculated from —
• Damages which arise naturally in usual course of things from breach itself are called
• In case of anticipatory breach, the damages will be assessed