Question 1

What is the significance of good faith in contracts?

Accepted Answer

Good faith plays a crucial role in the performance and enforcement of contracts, as it requires parties to act honestly and fairly towards each other, fostering trust and cooperation.

Question 2

What are the emerging legal standards related to breach of contract?

Accepted Answer

Emerging legal standards often focus on the interpretation of contract terms, the expectations of the parties involved, and the necessity for clear communication, especially in complex transactions.

Question 3

What defences can be used against breach of contract claims?

Accepted Answer

Defences against breach of contract claims may include arguments such as impossibility of performance, consent to a modified contract, or the occurrence of a force majeure event.

Question 4

In what circumstances can a defence against breach of contract claims be successful?

Accepted Answer

A defence may be successful in limited circumstances, such as when a party can prove that they were unable to perform due to unforeseen events or when the contract was not enforced properly.

Question 5

How do digital contracts impact breach of contract cases?

Accepted Answer

Digital contracts introduce unique legal considerations, including issues of electronic signatures, the enforceability of online agreements, and the implications of digital communication in demonstrating intent and agreement.

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