Termination by Mistake, Contract Terms a...
Pathak, Akhileshwa...
Termination by Mistake, Contract Terms and Damages: Bunge SA v Nidera BV
IIMA-BP0427 | Published December 18, 2018 | 10 pages Case
Collection: Indian Institute of Management, Ahmedabad
Product Details
Business contracts are done on General Conditions of Contracts (GCC). The GCCs have detailed terms to displace general principles of contract law and bring certainty in commercial dealings. Bunge SA v Nidera BV, is a judgment of the Supreme Court of the United Kingdom, on damages terms in GCCs. A term on damages may not be a comprehensive code, answering all questions on damages. In this case, the general principles will survive and interact and interface with the contract terms to settle the rights and obligations of the parties.
International sale contracts; Anticipatory breach; Interpretation of terms on damages