assigment 2 - Essay Example

Only on StudentShare

Extract of sample
assigment 2

Blue is guilty of breach of contract because the barge was only actually ready-to-load on the 3rd of January 2006 in violation of the owner's promise (Clause 8) that the barge will be ready-to-load from the start of the charter, i.e. the 1st of January. Moreover, Blue is guilty of breach of contract because the barge had to be towed sometime January 2008 (when the contract is still effective) from Oslo to Liverpool due to serious engine failure in violation of Clause 4. Having failed to perform its obligations under the contract, Blue is therefore in breach of contract.
In regard to the issue of whether Red may exercise the right both to terminate the contract and to claim compensation for past and future losses, the answer depends on whether the terms of the contract violated by Blue is a condition or a warranty. This is because not all contract terms are of equal significance. Some are more important than others. ...
Download paper


I will advise Red that he can terminate the time-charter party contract (the "contract") with Blue and at the same time claim for damages against Blue as compensation for any past and future losses. The issues in the problem are - (1) whether Blue has breached the contract vesting upon Red the right to terminate the performance of such contract and claim compensation for past and future losses; and (2) whether such terms violated is a condition or a warranty entitling Red the dual right to terminate the performance of the contract and to claim compensation for past and future losses.
Author : ublock

Related Essays

Poetry assigment
A disagreement between his father and his older brother led to the sale of the family business and the suicide of his brother. Not long after, his father succumbed to cancer, leaving the young fifteen year old in charge of his family. The fact that these events caused Roethke to look at his father with ambivalence seems to be reflected in the poem, as its tone is a strange mixture of the affectionate love of a little boy and a slightly more suspicious and adult distrust and betrayal.
3 pages (753 words) Essay
MGT3190 Assigment for August 2008
Cultural values, status issues, general living conditions, climate, healthcare facilities, everyday customs, food, transport, living costs, religious or spiritual opportunities, openness to change, conservation and self-transcendence were the variables taken into consideration in the study. (Van Vianen, De Pater and Kristof-Brown) A survey questionnaire was given to the test subject expatriates over an interval of three months.
7 pages (1757 words) Essay
Assignment 2
Feedback to students-performance can be a means of helping them learn and preparation of life-to utilize in future needs". A comprehensive assessment consists of a formative and a summative assessment.
4 pages (1004 words) Essay
CRM assigment essay
(Leonard 1997) Customer knowledge gained from firsthand customer contact is very persuasive. Smart CEOs at firms like IBM, Cisco, and EMC intuitively realize this, and their senior managers contact their major customers on a regular basis. These firms also act on that information to improve relationships with those important customers.
4 pages (1004 words) Essay
Assigment #3
His frustration is expressed through his drinking and going to the movies in the evenings and reading and writing poetry on the job. A great deal of the play centers on Laura, though. She is extremely shy, partly because of her crippling disease (pleurosis) which forces her to wear a brace on her leg and walk with a limp, and spends much of her time dreaming about her glass menagerie. Because of Laura’s fragility, Amanda attempts to force Tom to find a suitable husband for his sister regardless of any limitations Tom might have in trying to accomplish this.
3 pages (753 words) Essay
Epidemiology Assigment
In the present scenario, stress is the inevitable part of life. It could be physiological or psychological. Cortisol is an important hormone, it is not only released during the condition of stress but also in fight or flight responses. This hormone brings various stress-related changes as well. It is evident that body’s relaxation response must be activated to combat stress. The condition of the stress cannot be prolonged as it could be devastating and induce chronic stress worsening cognitive performance, suppressed thyroid function, hyperglycemia, reduction in bone density and muscle...
11 pages (2761 words) Essay
(Sahih Muslim)
2 pages (502 words) Assignment
Got a tricky question? Receive an answer from students like you! Try us!