4 Remedies For Breach Of Contract

State:
Alabama
Control #:
AL-986A
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Word; 
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Alabama sample complaint filed in Circuit Court for Breach of Written Contract.

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FAQ

There are main three remedies which are suit for specific performance, liquidated damages and injunction.

Four legal remedies for a breach of contract are: I. Compensatory Damages. This form of monetary damages takes care of the direct losses, for example, the actual damage borne by the plaintiff. ... II. Special Damages. Special damages occur as a result of the breach itself. ... III. Liquidated Damages. ... IV. Punitive Damages.

The general remedy for breach of contract is a monetary sum amounting to the financial loss suffered as a result of the breach. The common law position is to place the innocent party in the same position as if the contract had been performed, such as accounting for a loss of sales. Compensatory Losses For Breach Of Contract - Nelsons Solicitors nelsonslaw.co.uk ? compensatory-damages-... nelsonslaw.co.uk ? compensatory-damages-...

If goods/services were rejected, were not delivered at all, or payment was refused, then the calculation of damages would entail the total market value of the goods/service, and the contractual price. The contractual price would take into account any delivery fees, staff costs, etc.

There are several remedies for breach of contract, such as award of damages, specific performance, rescission, andrestitution. In courts of limited jurisdiction, the main remedy is an award of damages.

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4 Remedies For Breach Of Contract