On the Relationship between Damage Compensation and Default
Lu Liu, Xiaozhen Liu
Abstract
Lu Liu, Xiaozhen Liu
Abstract
Compensation for breach of contract is the most important and most widely used form of liability for breach of contract, is one of the core content of the whole contract legal system. The research on the compensation for breach of contract is of great significance. This system is an important measure to ensure the full and accurate performance of the contract obligations. However, the general principles of liability for breach of contract damages, the principle of liability, the elements and whether to deal with non-property damage compensation has been controversial, the new contract law after the implementation of the problem still exists. It should be clear that the general principle of compensation for breach of contract is to fill the damage, the principle of liability should be consistent with the principle of liability for breach of contract, non-property damage clearly compensation.
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Compensation for breach of contract is the most important and most widely used form of liability for breach of contract, is one of the core content of the whole contract legal system. The research on the compensation for breach of contract is of great significance. This system is an important measure to ensure the full and accurate performance of the contract obligations. However, the general principles of liability for breach of contract damages, the principle of liability, the elements and whether to deal with non-property damage compensation has been controversial, the new contract law after the implementation of the problem still exists. It should be clear that the general principle of compensation for breach of contract is to fill the damage, the principle of liability should be consistent with the principle of liability for breach of contract, non-property damage clearly compensation.
Key concepts: Breach of contract, Compensation (psychology), Damages, Liability, Business, Strict liability, Exclusion clause, Property (philosophy)