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Anticipatory breach

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › Anticipatory breach

  • This topic has 3 replies, 2 voices, and was last updated 12 years ago by MikeLittle.
Viewing 4 posts - 1 through 4 (of 4 total)
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  • November 3, 2012 at 3:52 pm #55005
    marilynlojikim
    Member
    • Topics: 15
    • Replies: 32
    • ☆

    Hello Mike,

    regarding anticipatory breach, the injured party may wait until the actual time for performance before taking action. in White & Carter V Mcgregor (read the case in e-law resources), defendant has not actually authorised their manager to enter into a contract with plaintiff, and asked them not to continue with the contract. But the P decided to go on with the contract and claim for payment. It was held that P entitled for it.

    Unfair?? hehehe. Just wondering why did P wins the case? thought the defendant has taken a step to minimize loss?

    Hope this is not a stupid Q. LOL

    November 3, 2012 at 5:28 pm #106450
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23321
    • ☆☆☆☆☆

    Why should they cease the contract? If they had stopped then it could have been difficult to establish loss of profit and surely, if they had gone ahead with the contract, W+C would have made a profit.

    Yes, there is a duty to mitigate losses, but I don’t believe there’s any duty to forego a profit!

    November 14, 2012 at 12:51 am #106451
    marilynlojikim
    Member
    • Topics: 15
    • Replies: 32
    • ☆

    why didnt i see it that way! sigh.hehe, thanks a lot.

    November 14, 2012 at 6:56 am #106452
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23321
    • ☆☆☆☆☆

    You see! You need to think “off the wall” or “out of the box” or whatever expression is used these days!

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