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The International Sale of Goods, 4th Edition by Bridge, Michael (30th November 2017)

Part I International Sales Governed by English Law, 9 Remedies: Termination and Damages

MG Bridge

From: The International Sale of Goods (4th Edition)

Michael Bridge

From: Oxford Legal Research Library (http://olrl.ouplaw.com). (c) Oxford University Press, 2015. All Rights Reserved.date: 22 March 2019

Subject(s):
Breach of contract — Formation of contract — Remedies for breach of contract — Termination/unwinding of contract — Obligations of the buyer — Obligations of the seller

This chapter deals with remedies for breach of contract to the extent that they have a particular application to international sale of goods agreements. Attention is given to termination for breach and damages. Even here, however, certain aspects (for example, penalty clauses) are left to general works on contract and sale of goods. This chapter also examines clauses in standard form contracts dealing with the quantification of money awards; they commonly depart from the common law and statutory basis for assessing damages. In addition, though they fall outside breach of contract, the chapter also looks to certain settlement clauses, operative in the event of an insolvency or of a circle appearing in the sales string.

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