Breach of Contract | LegaMart

Post Detail

QuestionJul 28, 2022 - 19:02

Breach of Contract

What are the five remedies for breach of contract?

Jurisdictions:
Categories:
0
1

Sep 11, 2022 - 8:17

"1. Specific performance: an equitable remedy compels the breaching party to fulfill their contractual obligations. 2. Damages: a monetary award compensates the non-breaching party for their losses due to the breach. 3. Rescission: the termination of a contract and the restoration of both parties to their pre-contractual positions. 4. Restitution: an award of money or property to make the non-breaching party ""whole"" again. 5. Reformation: a remedy that allows a court to change the terms of a breached contract if it's found"

0

Answer This Post

Login into your account and answer this post

Group chat