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The Engagements Clause of the United States Constitution (Article VI, Clause 1) says that debts and other obligations of the federal government that were incurred during the years when the Articles of Confederation served as the constitution of the United States continue to be valid after the Articles were superseded by the new Constitution.
LL Fuller, MA Eisenberg and MP Gergen Basic Contract Law (9th edn 2013) CL Knapp, NM Crystal and HG Prince, Problems in Contract Law: Cases and Materials (7th edn Aspen 2012) Books. OW Holmes, The Common Law (1890) chs 7-9; G Gilmore, The Death of Contract (1974) ISBN 0-8142-0676-X; Articles. MR Cohen, 'The Basis of Contract' (1933) 46 Harvard ...
However, the company argued that because the Army had failed to include this termination for convenience clause in the contract, the Army's cancellation of the project constituted a breach of contract. The contractor claimed that it thus was entitled to common-law damages for breach, including anticipated profits. [3] [4]
Mission and HCA filed two counterclaims, asking for a judge to make official declarations about the 2019 agreement to buy the hospital system and whether HCA broke the contract.
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The law was enacted to prevent mass foreclosures during the Great Depression, a time of economic hardship in America. The kind of contract modification performed by the law in question was arguably similar to the kind that the Framers intended to prohibit, but the Supreme Court held that this law was a valid exercise of the state's police power ...
Any breach of contract (warranty, condition or innominate term) gives rise to a right in the hands of the innocent party to recover their damage suffered which caused by the breach of contract by the defaulting party. Damages in the UK are the only [4] remedy available for breach of a warranty.
Many of these cases have lead to class action lawsuits and proceedings by the Federal Trade Commision (FTC), resulting in a number of settlements worth millions — or even billions — of dollars ...