BREACH OF FUNDAMENTAL TERMS AND EXEMPTION OR LIMITATION OF LIABILITY CLAUSES.
1. Introduction 1.1 Contracts sometimes contain clauses which may exclude or limit the liability of a party that has defaulted…
SALE OF GOODS: REMEDY OF BUYERS FOR NON DELIVERY DUE TO PRICE CHANGES
Sabru Motors v Rajab Enterprises This piece examines the remedy of a buyer where there has been breach of a…
IS A MEMORANDUM OF UNDERSTANDING (MOU) A BINDING LEGAL CONTRACT ?
It is a widespread practice for parties in business transactions to enter into a Memorandum of Understanding (MOU) after negotiations,…
