Equitable Doctrines in Contract Law

Concrete enforcement is a court order to the promising that he performs the service to which he has committed himself in a contract. Specific enforcement is an alternative remedy to damages and may be granted at the discretion of the court, subject to a number of exceptions. Emily signs a contract to sell Charlotte a golden samovar, a Russian antique of great sentimental value because it once belonged to Charlotte`s mother. Emily then rejects the contract while it is still being enforced. A court can rightly give Charlotte an order for a particular performance against Emily. Measuring the value of restitution can be problematic. The courts have considerable discretion to recognize either what it would have cost to hire someone else to do the work that the non-offending party did (usually the market price of the service) or the value added to the party`s property as a result of the plaintiff`s performance. Calhoun, the contractor, agreed to build ten fences around Arlene`s area at a market price of $25,000. After the construction of three, Calhoun provided services that would cost $7,500 (market value).

Suppose it increases the value of Arlene`s property by $8,000. If Arlene refused, there are two measures of Calhoun`s default interest: $8,000, the value by which the property was improved, or $7,500, the amount it would have cost Arlene to hire someone else to work. The measure to be used depends on who terminated the contract and for what reason. In some cases, improving the measurement of goods or assets could result in an award that far exceeds the market price for the service. In such cases, the smallest measure is used. For a physician performing life-saving surgeries on a patient, reimbursement would only restore the market value of the physician`s services – not the monetary value of the patient`s life. Some forms of fair legal protection are: declaratory decisions (binding bills of rights); mitigation of penalties; issue injunctions or certain benefits; and the provision of financial compensation in the event of breach of trust. In order to assert a claim for fairness, the plaintiff must first establish the facts that the law of fairness applies. In the event of a conflict between customary law and the law of equity, the law of equity shall prevail.

This means that the trustee has all property rights, including the rights to use, enjoy and dispose of the land. However, the trustee holds the land in favor of the beneficiary, thus creating a trust. According to the law, a trust is an unexecuted use, a transfer device, so that the trustee receives legal title to hold the land in favor of the beneficiary. Equity cannot help change the legal title from trustee to beneficiary, so equity imposes a duty on the trustee to act for the sole benefit of the beneficiary, thereby protecting the equitable rights of the beneficiary in that country. For a brief overview of the maxims, teachings, and remedies developed under justice, another maxim is that justice considers what should be done. This means that if a party were required to perform an obligation as in contract law, equity would apply to treat the parties as being in the relative positions in which they would have found themselves if the obligation had been fulfilled. As such, this maxim applies in favour of the party who was entitled to perform a contract. The third type of equitable legal protection is reparation. Reimbursement is a remedy applicable to different types of cases: those where the contract has been cancelled due to incapacity or misrepresentation, those where the other party has violated and those where the party requesting the return has been violated. As the word suggests, restitution is a restoration of what he gave to the other party. Therefore, compensation may be awarded to the injured party only to the extent that the injured party has granted an advantage to the other party. The fact is that a person who breaks a contract should not be punished and the party who does not cause harm should not be unfairly enriched.

In addition, the maxim of time in relation to fairness does not apply if the defendant`s conduct is likely to render the success of the defence unreasonable. For example, the defendant himself does not come to court with clean hands because the delay was caused by the defendant`s fraud. The law of equity is just as important in Canadian law as statutory and customary law. It serves to provide a fair remedy where there is a recognizable right but no common law remedy. The law of justice has evolved over the centuries to provide just teachings and right maxims. They provide advice to fair courts in deciding whether to exercise their discretion to provide a fair remedy for the overarching purpose of ensuring that justice is upheld. A court can also issue an injunction if a seller refuses to sell their home to a buyer at a fence (for example. B after all appropriate measures have been taken and the buyer has paid). Alternatively, they can force a buyer to pay the seller for the house under the terms of their contract.

The non-infringing party is always entitled to a refund in the event of a complete breach by non-performance or rejection, unless both parties have fulfilled all their obligations, with the exception of the payment of a certain amount of money for the performance of the injured party by the other party. Reformulation (second) of contracts, Article 373. Calhoun, a contractor, agrees to build fences worth $3,000 for only $2,000 and completes construction. Arlene, the landowner, refuses to pay. Calhoun`s only right is to get the $2,000; he has no right of return on $2,500, the market price of his services (or $3,000, the amount by which their goods have increased in value); instead, he is only entitled to $2,000, his contract price. However, if Arlene had refused before completion, Calhoun would have been entitled to a refund based either on the contract price of the work or on the amount by which he improved his property. If a party violates, the non-offending party is usually entitled to a refund of the goods that can be returned. Arlene gives Calhoun a precious Ming vase in exchange for his promise to build the fences. In case of violation of Calhoun, Arlene is entitled to a specific return of the vase. Thomas Jefferson stated in 1785 that there are three main limits to the power of a fair court: « If the legislator intends to enact an injustice, however tangible it may be, the court of the registry is not the organ where the remedial power is exercised.