Topic: Remedies Available for Breach of Contract
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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 is the most basic or common remedy available for breach of a...
Compensatory damages Read More »
Source: http://wiki.answers.com/Q/What_is_the_most_basic_or_common_remedy...
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/Equitable+remedies+for+breach+of+contra...
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...
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 ...
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Source: http://answers.yahoo.com/question/index?qid=20110602062205AAeaHbg
Non-legal? Well, take any of the legal remedies and just do the opposite. Some examples: -Firebomb his house -Assassinate his cat -**** his children in their ***** with a *** ****** -Drive to the bank, take the shortest teller hostage and d...
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Source: http://answers.yahoo.com/question/index?qid=20111121050057AAaIGUC
NO ONE can answer your question without first knowing in what state (if in the U.S.) the contract was made. EDITED FOR BOBBY: Sorry, but incorrect. Many states have a statute of limitations on the books for just this situation. For example,...
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Source: http://answers.yahoo.com/question/index?qid=20070627084155AAjw3vh
If you have no contract and no other proof of an agreement between you and the other party, there's no much you can do. You can sue anyone, for any reason, but without any proof of your claim, it would be a he said/she said situation in cou...
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Source: http://answers.yahoo.com/question/index?qid=20080719142947AA43ai5
If the picture is lost, there may not be any damages accruing. It's called the force majeur defense - an outside force frustrates the fulfillment of the contract. The contract is declared null and void at that point and neither party can cl...
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Source: http://answers.yahoo.com/question/index?qid=20081013014410AAneL4E
