Corrections · 4
Oral preentation about contracts
Hi everyone !
I'm a french law student in Paris and i have an oral presentation tomorrow. (about contracts)
If i make mistakes or if you have advises for me please don't hesitate.
(It's a part of my oral presentation, not the beginning)
" Next let's continue with the definition of illegality of the subject matter. The illegality of the subject matter is when either the subject matter (e.g the sale of drugs) or the consideration of a contract is illegal."
Well, now we'll move on to the different types of contract clauses with their definitions. "
"I'd like to start by defining liquidated damages.
Liquidated damages is a clause referring to an amount predetermined by the parties as the total amount of compensation a non-breaching party should receive if the other party breaches a part of the contract."
"To illustrate this point, the seller's liability for damages shall in no case exceed the purchase price of the particular quantity delivered with respect of which damages are claimed, is an example of liquidated damages."
"Unfortunately I don't have time to illustrate the other types of contract clauses including acceleration, assignment of consideration."
Thanks for reading :)
Hello Pierrick,
I am not an expert in law but I think that the phrases now read better and more naturally.
Hope this helps
Bob
Oral presentation about contracts
Hi, everyone!
I'm a French law student in Paris, and I have an oral presentation tomorrow (on contracts).
If I've made any mistakes, or if you have any advice for me, please don't hesitate to let me know.
(This is a part of my oral presentation, not the beginning.)
Next, let's continue with the definition of the illegality of the subject matter. The illegality of the subject matter is when either the subject matter (e.g the sale of drugs) or the consideration for a contract is illegal.
Well, now we'll move on to the different types of contract clauses, with their definitions.
I'd like to start with the definition of liquidated damages.
Liquidated damages means [1] an amount predetermined by the parties as the total amount of compensation a non-breaching party should receive if the other party breaches a part of the contract.
To illustrate this point, an agreement for liquidated damages might provide that the seller's liability for damages shall in no case exceed the purchase price of the particular quantity of goods delivered with respect to which damages are claimed. [2]
Unfortunately, I don't have time to illustrate the other types of contract clauses, such as clauses related to acceleration or assignment of consideration.
Thanks for reading this. :)
[1] "Liquidated damages" are not a clause. They are damages. The clause is called a "liquidated damage clause."
[2] My comment is about law, not language, but this is a strange liquidated damages clause. A liquidated damage clause precisely states the amount that the aggrieved party will recover in the event of a breach. It does not state that the plaintiff will "not exceed" a certain sum. The parties predetermine the exact amount of damages to be paid, so that they don't have to litigate about it later. I think it would be better to say, "To illustrate this point, an agreement for liquidated damages might provide that the seller's liability for damages shall be the sum of $___________ ."
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