Summary

Oliver Wendell Holmes, Jr. Globe Refining Company v. Landa Cotton Oil Company…

But a man never can be absolutely certain of performing any contract when the time of performance arrives, and, in many cases, he obviously is taking the risk of an event which is wholly, or to an appreciable extent, beyond his control. The extent of liability in such cases is likely to be within his contemplation, and, whether it is or not, should be worked out on terms which it fairly may be presumed he would have assented to if they had been presented to his mind.
Source: Wikisource

Oliver Wendell Holmes, Jr. Globe Refining Company v. Landa Cotton Oil Company…

This consideration applies with special force to the attempt to hold the defendant liable for the breach of the plaintiff's contract with third persons. The allegation is that the fact that the plaintiff had contracts over was well known to the defendant, and that 'defendant had contracted to that end with the plaintiff.' Whether, if we were sitting as a jury, this would warrant an inference that the defendant assumed an additional liability, we need not consider. It is enough to say that it does not allege the conclusion of fact so definitely that it must be assumed to be true.
Source: Wikisource

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