Assertion: contract | /r/HasProperty | performed
Facets:
value: fully
type: DEGREE
value: partly
type: DEGREE
Source sentences:
text: On the basis of Performance Executed Contract : When the contract is performed, it is known as an executed contract.
text: While a contract is being performed, it is called an executory contract, and when it is completed it is an executed contract.
text: Expectation damages are awarded to put the party in as good of a position as the party would have been in had the contract been performed as promised.
text: The court may make an order of what is called "specific performance", requiring that the contract be performed.
text: In cases where contracts have been partly performed (where one party has fully performed their obligations under the contract), the non-performing party can also provide fresh consideration by an accord and satisfaction.
text: Contingencies are conditions which must be met if a contract is to be performed.
text: Furthermore, you can sue for damages to put yourself in the position you would have been in as if the contract had been performed fully.
text: He must ensure the materials he uses are fit for the purpose required and must carry out the building works with general standard of skills expected for a shipbuilder since the buyers rely on the builder’s skills and judgment when contract is being performed.
text: And note the general rule of the lex fori which applies the provisions of the proper law as it is when the contract is to be performed and not as it was when the contract was made.
text: For example, a contract is void if both parties mistakenly believe that the contract can be performed when, in fact, it is impossible to perform it.
text: When is a contract deemed to have been performed or discharged?
text: Generally, damages are the sum of money necessary to put a party in the same or equivalent financial posi­tion as the party would have been had the contract been performed.
text: Similarly, picking the lex loci solutionis, i.e. the law of the place where the contract is to be performed, may prove to be equally irrelevant, assuming that there is only one place where performance is to occur: in the example, there is manufacture in Greece, delivery to Belgium, loading in Belgium, carriage on the high seas, and unloading in Sweden.
text: If no state law is designated, a court could interpret this agreement under the laws of the state where either business is located or was incorporated (the most likely scenario), or where the contract was performed or signed.