British Business Law

For this case , each party ought to fulfill their obligation of the contract between them failure to which , the contract will be enforceable in the court of law . Since Frank honored his obligation of paying up the ?750 and continued being Jeremy 's tenant there is no way Jeremy should continue asking for the balance of ?750 since he has already written off immediately Frank honored his obligation to the contract . Frank may sue Jeremy if he for specific performance or injunction remedies if he continues to claim that he owes him

?750 . Both specific performance and injunction are equitable remedies , which may be awarded at the discretion of the court to a person who suffer a legal injury where damages would not be an adequate remedy . Specific performance is an requiring a person to carry out a contractual obligation

On the other hand , where Jeremy told Gerald that he will let him off ?750 out of the ?1500 and continue being Irma 's tenant , there is contract between Jeremy and Gerald . For this case , the two parties to a contract ought to fulfill their obligations to a contract as agreed . For this case , Gerald was to pay ?750 and continue being Irma 's tenant which he did . On the other hand , Jeremy was to write off the debt of ?750 after Gerald honored his obligation of paying ?750 and continued being Irma 's tenant . For this case , Jeremy ought to fulfill his obligation of writing off the ?750 debt . Since is still claiming for the balance of ?750 he ought to have written off , the court of law ought to enforce the contract and restrain Jeremy from asking for ?750 from Gerald since he had fulfilled his obligation

On the other hand , Harvey had fulfilled his obligation of paying...