breach - mutuality and retention Flashcards
(7 cards)
1
Q
what does retention mean
A
to withhold performance
2
Q
when is retention available?
A
Turnbull v McLean/Macari v Celtic FC - when obligations are counterparts
3
Q
are obligations presumed to be counterparts
A
Inveresk v Tuillis Russell - yes unless there is evidence suggesting otherwise
4
Q
can obligations found in separate contracts be counterparts
A
Inveresk v Tullis russell - yes if they are part of the one transaction - if contracts can stands alone they will not benefit from mutuality
5
Q
do obligations have to be contemporaneous
A
Bank of east Asia v Scottish enterprise - yes
6
Q
can the party in breach enforce the counter obligation
A
- no graham v turkey red
7
Q
A