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Sir, can you please explain the difference between reliance damages and quantum meruit?
Reliance damages are amounts payable to an aggrieved party as a result of their reliance that the other party will perform their contract – monetary compensation for economic loss suffered a sa result on relying on the other party to perform
It’s available where specific performance would not be appropriate
Quantum meruit – an amount payable based literally on “for how much it is worth”
Where one party is prevented from completing and discharging their contractual liabilities, it’s not available to the other to claim that they shouldn’t pay anything “because of the other party’s failure to complete the project”
The case Bolton v Mahadeva is an illustration as also is De Barnardy v Hastings
OK?
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