Film Fun Plc And Goliath Plc's Failure Of Contract Law

Decent Essays
Both Film Fun plc and Goliath plc agreed to the contract terms in expectation that they would perform each other's obligations. Goliath plc's negligence causing a delay provides evidence of their company's failure to satisfy said obligations, therefore Film Fun plc is entitled to claim for breach of contract in order to recover any profit lost. This is a basic principle stated by Parke B : '...where a party sustains a loss by reason of breach of contract he is, so far as money can do it, to be placed in the same situation with respect to damages as if the contract had been performed.' In any case, where no loss has actually been suffered, a breach of contract would result in the injured party being able to claim for nominal damages. However,

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