A Case Study on the Recovery Criteria of Reliance Damage in Marine Transport Contract and Charterparty
Contracts bind the parties of a contract to the terms of the agreement. When one party breaches the contract, the other party can suffer losses and claim damages, to be recovered from the breaching person. To measure the damage, three measures are used: expectation damage, reliance damage (wasted ex...
Main Authors: | , |
---|---|
Format: | Article |
Language: | English |
Published: |
Elsevier
2017-12-01
|
Series: | Asian Journal of Shipping and Logistics |
Subjects: | |
Online Access: | http://www.sciencedirect.com/science/article/pii/S2092521217300640 |