Topic: Breach of Contract Remedies
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Answers to Common Questions
How to Identify Remedies for a Breach of Contract
Contracts are one of the most important elements of business. Courts have a very limited ability to interfere with contracts between two willing parties, but for contracts to have much power, they must also be enforceable. The legal system ... Read More »
Source: http://www.ehow.com/how_5005448_identify-remedies-breach-contract...
What are the remedies for breach of contract?
It depends on the terms of the contract but generally the remedies always include compensatory damages. For the buyer the usual measure is the difference between the contract price and the market price. If the buyer breaches and the seller ... Read More »
Source: http://answers.yahoo.com/question/index?qid=20110602062205AAeaHbg
What are the remedies in law in a case of breach of contract?
There are several types of remedies, part of it will depend upon the countract itself. Typically the law will attempt to put both parties at the place they started at, if possible. The law will avoid enriching one party at the expense of th... Read More »
Source: http://wiki.answers.com/Q/What_are_the_remedies_in_law_in_a_case_...
More Common Questions
Answers to Other Common Questions
There are several: 1. Recission, where the contract is cancelled, both parties excused, and any advance payments are returned, 2. Reformation, where the contract is altered to reflect what was actually intended, 3. Specific performance, whe...
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Source: http://wiki.answers.com/Q/What_are_common_and_equitable_remedy_fo...
The answer to this question may vary depending on your jurisdiction. In general, at common law, breach of contract remedies come in two flavor: legal, and equitable. Equitable remedies evolved through the Courts of Equity (shock!) in Englan...
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Source: http://wiki.answers.com/Q/What+remedies+are+avaliable+to+an+innoc...
A breach of contract means that one of the parties who agreed on a contract has not followed the rules or regulations that both parties agreed to in the beginning.
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Source: http://answers.ask.com/Health/Mental/what_is_a_breach_of_contract
What constitutes a breach of contract is breaking a contract. For example a person or business signs a contract stating that they will offer a service by a certain date. If they fail to perform the service by that date, they have breached t...
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Source: http://answers.ask.com/Health/Other/what_constitutes_breach_of_co...
Compensatory damages
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Source: http://wiki.answers.com/Q/What_is_the_most_basic_or_common_remedy...
Tortious breach of contract involves an intersection of tort law and contract law and is often referred to as tortious interference or tortious interference with a contract. Breach of contract is typically dealt with by applying contract re...
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Source: http://www.ehow.com/info_10017945_tortious-breach-contract.html
A contract is a legally binding agreement that sets out the terms and conditions required by each party to the agreement. You can file a breach of contract claim against a person that fails to fulfill his end of the bargain or refuses (repu...
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Source: http://www.ehow.com/how_8581779_prove-breach-contract.html
