Aaert cer exam newest 2024-
2025 actual exam complete
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Contract Remedies✔✔✔ANSWER--When 1 Party Breaches Contract
-Law provides REMEDY for Injured Party
-Court Provides RELIEF to Injured Party
--EQUIVALENT OF PROMISED PERFORMANCE
Monetary Damages✔✔✔ANSWER--MOST FREQUENT Judicial
Remedy
-Award for Losses that are...
-FORESEEABLE
-REASONABLE CERTAINTY
-NOT AVOIDABLE (Because Legal Responsibility to Mitigate)
Foreseeable Damages✔✔✔ANSWER--Expected to Consider
Foreseeable Risks at Time Enter Contract
-Damages Recoverable Only for Loss that Party in Breach had
REASON TO FORESEE as Probable Result of Breach
-Test for FORESEEABLE DAMAGES is OBJECTIVE
-Foreseeable if:
1. ORDINARY Course of Events
2. Result of SPECIAL CIRCUMSTANCES BEYOND ORDINARY
COURSE of Events, about which Party in Breach had Reason to Know
Certainty of Damages✔✔✔ANSWER-Damages are NOT Recoverable
Beyond an Amount that Can Be Established with Reasonable Certainty
No Speculative Damages
High Degree of Confidence
"Have to Prove Damages w/Reasonable Certainty"
Mitigation of Damages✔✔✔ANSWER--Injured Party may NOT
Recover Damages for Loss COULD HAVE AVOIDED
W/REASONABLE EFFORT, Without Undue Risk, Burden or
Humiliation
"REDUCE AMOUNT OF DAMAGES SUFFERED"
"When Contract Breached, Law places Duty on the Innocent Nonbreaching
party to Avoid and Reduce the Resulting Damages"
-REASONABLE EFFORTS
Note: Mitigation does not need to be successful, but the non-breaching
party must take reasonable steps.
Ex: Landlord has duty to find a new tenant if a tenant abandons the
premises and fails to pay rent.
Ex: A wrongfully terminated employee has a duty to take a similar job if
one is available.
Parker vs. Twentieth Century-Fox✔✔✔ANSWER--Shirley McClain
hired for musical in Hawaii
-Changed to Western
-She says NO
-Movie Studio says Breached Contract
-She Sues.
MITIGATION OF DAMAGES
-Was it Similar Type of Work?
-NO, Court said NOT Obligated to Western, Received her $
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