Question 1:
A contract may provide that in case of some specified breaches mentioned in the contract, the defaulting party should compensate the other party.
Discuss the validity of such a clause?
Question 2:
Discuss whether a party can unilaterally decide to put an end to his contractual obligations.
Question 3:
- More and more contractual disputes are being resolved out of court.
Based upon the above statement, briefly outline the advantages of having recourse to alternative dispute resolution.