Write a 3 page essay on Business Lawl.When one of the parties failed to perform his or her obligation in a valid contract where he or she freely entered, he or she can be held liable for breach of con

Write a 3 page essay on Business Lawl.

When one of the parties failed to perform his or her obligation in a valid contract where he or she freely entered, he or she can be held liable for breach of contract. Breach of contract is an actionable tort and the party at fault can be held liable for the payment of damages for the loss suffered by the plaintiff.

There are mainly two kinds of losses: actual and nominal. Actual losses are those that can be established by computation or estimation. Even if there is no actual loss, the claimant can still be entitled to nominal loss with the fact that a breach was made. The claimant should prove the losses suffered by him or her through presentation of evidences or documents because of the legal maxim that “he who asserts must prove”.

In this case, Jettison could only be liable for the actual loss suffered by the lessor when it breached the contract. The actual loss is $12,000, which is the expected amount of the lease payments for the remainder of the contract which is one (1) more year.

An employment contract must also contain the essential requisites of an ordinary contract to be legally binding.

Calculate your essay price
(550 words)

Approximate price: $

Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)
Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more