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contract

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › contract

  • This topic has 1 reply, 2 voices, and was last updated 6 years ago by AvatarMikeLittle.
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  • December 3, 2019 at 7:33 am #554564
    Avatarxyzc
    Participant
    • Topics: 413
    • Replies: 175
    • ☆☆☆☆

    Does the remoteness of damage has to do with the amount of damages. I mean does too remote mean that the damage done is of a very small amount.

    Also is the following statement correct and if it is not correct then what is the reason:

    The remoteness of damage issue is determined by considering the amount of damages the injured party reasonably expects on the basis of the contract breach and damages suffered.

    What are the factors in determining damages payable

    Is remoteness of damage issue a factor in determining damages and if it is not why

    December 3, 2019 at 12:51 pm #554639
    AvatarMikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23368
    • ☆☆☆☆☆

    ‘Remoteness’ refers to the reasonable foreseeability of the damage – could the reasonable man-in-the-street reasonably have foreseen that damage at the time of committing the breach

    I believe that that answers all your questions on this post

    OK?

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