Specific performance meaning
WebFeb 28, 2024 · specific performance in British English. noun. law. a remedy awarded by a court requiring a person to fulfil obligations under a contract where damages are an … WebApr 18, 2024 · In simple terms, specific performance is a resolution in the court system for when someone breaches a contract. Also called a remedy, specific performance is enforced by a court or a judge,...
Specific performance meaning
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WebSpecific performance is an order by a court that a contract be fully performed according to its terms. See Restatement (Second) of Contracts § 357, cmt. a (1981) (“Specific performance is the fulfillment of the performance due in the contract as nearly as practicable, by the party in breach.”). WebDefinitions of specific performance. noun. the performance of a legal contract as specified by its terms. see more.
WebNov 11, 2024 · Specific performance is a type of remedy in contract law which is discretionary in nature – in other words, it’s up to the court to use their discretion as to whether making an order for specific performance is appropriate in the circumstances. The idea behind it is that any order in this regard is meant to compel a party to perform their ... WebSep 10, 2016 · Definition of Drama. Drama is the specific mode of fiction represented in performance. [1] The term comes from a Greek word “dran” meaning “action” which is derived from “to do” or “to act”. Drama is an art form that explores human conflict and tension. It generally takes the form of a story presented to an audience through ...
WebSpecific performance is a type of remedy for breach of contract in which a court orders the breaching party to perform their end of the bargain. Monetary damages are typically favored over specific performance as a remedy for breach of contract. Specific Performance - What it means for contracts 35 related questions found Web1. : work done in employment. unsatisfactory performance. 2. a. : what is required to be performed in fulfillment of a contract, promise, or obligation. substituted a new …
Webperformance noun (DOING) [ U ] the act of doing something, such as your job: If the accident happened during the performance of his regular duties, he’s covered by disability …
WebSpecific performance. An equitable remedy available for breach of contract. A decree by the court to compel a party to perform its contractual obligations. In the High Court, it may be granted in addition to or instead of damages. Unlike damages which are available as of right, specific performance is granted at the court’s discretion. marker shares activitiesWebThe remedies of specific performance and injunction are similar, but the key difference is that while an order for specific performance orders a party to do something, an injunction orders a party not to do something. In other words, specific performance is a positive remedy whereas, an injunction is a negative remedy. marker shrp fine 24st astWebMay 27, 2024 · Specific performance is a remedy to a claimant in a lawsuit that involves a unique property that can’t be replaced. Common types of unique property include real … markers for wood touch upWebJul 15, 2024 · 1. : the performance of a legal contract strictly or substantially according to its terms. 2. : an equitable remedy enjoining specific performance. naval planning processWebMar 10, 2024 · Performance metrics are a collection of data that employers evaluate against an established objective (like employee productivity or sales objectives). It is important to note the difference between a performance metric and a key performance indicator (KPI). naval platform security grading guideWebJun 1, 2024 · Specific performance of a contract is a type of remedy that you would ask for when the other party breaches a contract. When you ask for specific performance, you are … markers for writing on car windowsWebSep 9, 2024 · Specific performance allows courts to order a party to do certain things to keep their promises in the contract. For example, if you made a binding contract with someone to purchase a block of land from them and they later refuse to give you the land, the court can order specific performance so that the person must sell you the land. naval physician