Case Study on Taxation and Legal Principles: Contract and Damages

This case study delves into the legal and taxation aspects of a business transaction, focusing on the distinction between special and general damages in contract law. The scenario involves a dispute arising from a telegram message and its implications for a business transaction. The assignment analyzes the concept of imputed knowledge and its relation to the understanding of business contexts, arguing that a party's knowledge of the business's nature can influence the assessment of damages. The case examines how the nature of the business can impact the understanding of damages, and how the nature of the business affects the assessment of damages. It concludes that imputed knowledge and the extent of the damages related to the business should be considered when assessing the liability and the nature of the damages. The case study relies on legal principles and precedents to analyze the implications of the damages and contract law.

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Taxation
Name:
Course
Professor’s name
University name
City, State
Date of submission

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Problem of the case
The problem is based on distinction of special and general damage in relation to the
contract of a kind as has been developed in the laws of the country. The cost and length of the
telegram would reveal that the business transacted at the moment was subject to the message
sent.
Opinion
Upon receiving the message from the steamship company, the defendant upon receipt the
long telegram in cipher to be then transmitted in Manilla.it was supposed to kill the rule rather
than the exception. It had different meaning. The message could infer the sale of a vessel of
loading of cargo. The distinction between specific and general is not absolute but rather relative
(Parrish pp9).
Issue-key fact
The notice of the business at hand is to lay on the basis that the risks must be sufficiently
informing to the special damages. The general damage for sale of staple food for contract A and
B is breach of the contract and the difference between the price and market value.
Someone cannot built conclusion that the foundation is unstable. The cipher message loss to load
the vessel in Philippians may mean the loss of freight.
When there is complete knowledge of the cause every effect is natural. When a transaction has
been fully comprehended, every damage becomes natural. It can be said that imputed knowledge
cannot stop with notice that is imputed of standardized transactions by usage (Shelton pp 76).

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Decision- Effect for this Case
Every damage becomes natural when the transaction out of which it arises has been fully
comprehended. Imputed knowledge cannot stop with imputed notice of transactions that are
standardized by usage. In the complexities of modern life, one does not know where the ordinary
ends and the extraordinary begins. Imputed knowledge, if it exists, must rest upon an assumption
less timid and uncertain.
It misses a sure foothold in that it shifts from general damage in one relation to general damage
in another. The bearer of a message who infers from the surrounding circumstances that what he
bears has relation to business of some kind, is liable, Ave are told, for any damages that are
natural with reference to the character of the business as to which knowledge is imputed
(Martinez pp 64). When we ask, however, to what extent the character of the business will be the
subject of imputed knowledge, we are told that it is so much of the business only as will make
the damage natural .

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Work Cited
Gaja, Giorgio, and Jenny Grote Stoutenburg. Enhancing The Rule Of Law Through The
International Court Of Justice. Leiden: BRILL, 2014. Print.
Martinez, J. Michael. The Greatest Criminal Cases. Santa Barbara, California: Praeger, 2014.
Print.
Parrish, Michael. The Supreme Court And Capital Punishment. Washington, D.C.: CQ Press,
2010. Print.
Shelton, Donald E. Forensic Science In Court. Lanham, Maryland: Rowman & Littlefield
Publishers, 2011. Print.