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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.
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.
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.
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.
It is a recognized ground for recovery in Oklahoma. A right of recovery under the doctrine of unjust enrichment is essentially equitable, its basis being that in a given situation it is contrary to equity and good conscience for one to retain a benefit which has come to him at the expense of another.
?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.
Unjust Enrichment Examples For instance, a property owner might hire a contractor to carpet in their home. The property owner terminates the contract prematurely due to a breach and only have several rooms in the house carpeted. The property owner refuses to pay for the partially completed work.