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An award of compensatory damages is the most common of the legal remedies for breach of contract. The calculation of compensatory damages is based on the actual losses you have sustained as a result of the breach of contract. They typically fall into two categories: expectation damages and consequential damages.
The definition of unjust enrichment is ?The retention of a benefit conferred by another, without offering compensation, in circumstances where compensation is reasonably expected.?1 Under unjust enrichment, the defendant (owner) unjustly receives and retains something of value at the plaintiff's (contractor's) expense.
3 Elements of a Claim for Unjust Enrichment The defendant received a benefit; At the plaintiff's expense; and, Under circumstances that would make it unjust for the defendant to retain the benefit without commensurate compensation.
?A mistaken payment is generally regarded as the central example of an unjust enrichment. The unjust factor is the mistake which negatives the voluntariness of the payor. The enrichment is the money, which is an incontrovertible benefit.
Damages are usually awarded to an injured party for losses suffered as a result of the defaulting party's actions or non-actions. The purpose of an award of damages for breach of contract is to put the injured party in the position it would have been in had the contract been performed.
Overview. Unjust enrichment occurs when Party A confers a benefit upon Party B without Party A receiving the proper restitution required by law. This typically occurs in a contractual agreement when Party A fulfills his/her part of the agreement and Party B does not fulfill his/her part of the agreement.
The elements of a cause of action for breach of contract are (1) the existence of a promise; (2) a breach of that promise; (3) damage; and (4) the promisee's compliance with any conditions precedent.
You Either Have Breach of Contract, or Unjust Enrichment. You Can't Have Both. Simply put, as a claimant you must decide from the get-go whether your claim is based upon the breach of a valid written contract, or whether your claim is grounded in quasi-contract, i.e., to seek recovery on an strictly equitable basis.