Courts and Contract Law

Courts and Contract Law

Introduction

The purpose of this assignment is to discuss a federal judicial decision regarding contract law. According to contract law, it is mandatory for both parties to fulfill the terms of the agreement; otherwise, the innocent party has the right to claim damages in court against the other party. It is also important to analyze the terms and conditions of the contract before a claim of penalty is made by the seller.

Case Law Summary

In this case, Jackson v Royal Bank of Scotland, Jackson and Barrie Stewart Davies were partners and traded under the name ...