Breach of Contract and Remedies

Introduction of Contract and Remedies Most Common Remedies: Damages. Rescission and Restitution. Specific Performance. Reformation. Recovery Based on Quasi Contract. Damages Compensatory Damages: direct losses. Sale of Goods: Difference between contract and market price. Sale of Land: Specific performance. Construction Contracts: Varies. Consequential (Special) Damages - foreseeable losses. Breaching...

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