16 – Four Remedies Included – Contract Law In Today’s Market

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Remedies The usual remedy for breach of contract is the payment of money which compensates for injury or damages. Four remedies include: Liquidated Damages Damages Rescission Specific Performance 1. Liquidated Damages Contracts may be written to include some form of consequence if non-performance should occur – whether intentional or otherwise. These clauses are commonly referred […]

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