Subject to Review? Consideration, Liquidated Damages and the Penalty Jurisdiction

• 主要作者: MIK, Eliza
• 格式: text
• 語言: English
• 出版: Institutional Knowledge at Singapore Management University 2014
• 主題: liquidated damages; penalty jurisdiction; contractual damages; Contracts; Jurisdiction
• 在線閱讀: https://ink.library.smu.edu.sg/sol_research/1737; https://ink.library.smu.edu.sg/context/sol_research/article/3689/viewcontent/Subject_to_Review.pdf
• 機構: Singapore Management University

The paper examines the relationship between what seem to be basic principles in contract law: "consideration need not be adequate" and "the rule against penalties applies only to sums payable on breach." The 'reluctant inspiration' lies in the recent Australian case of...