WebADEQUATE REMEDY AT LAW. Sufficient compensation by way of monetary damages. Courts will not grant equitable remedies, such as specific performance or injunctions, where monetary damages can afford complete legal relief. An equitable remedy interferes much more with the defendant's freedom of action than an order directing the defendant to pay ... WebA remedy is the relief provided to an innocent contracting party when the other party breaches the contract. a. True b. False 2. Usually, a court will not award an equitable remedy unless the remedy at law is inadequate. a. True b. False 3. A breach of contract entitles the nonbreaching party to sue for monetary damages. a. True b. False 4.
What Is the Most Common Legal Remedy for a Breach of Contract?
WebReliance damages is the measure of compensation given to a person who suffered an economic harm for acting in reliance on a party who failed to fulfill their obligation. If the injured party could go back in time, they should be indifferent to entering into the contract that would be breached and receiving the reliance damages as opposed to not ... WebDamages. The financial compensation awarded to someone who suffered an injury or was harmed by someone else's wrongful act. The indemnity given by law, to be recovered from a wrong doer by the person who has sustained an injury, either in his person, property, or relative rights, in consequence of the acts of another. speciale badkamers
Damage - FindLaw Dictionary of Legal Terms
Webdamages, in law, money compensation for loss or injury caused by the wrongful act of another. Recovery of damages is the objective of most civil litigation. Originally redress of wrongs was direct—an eye for an eye, a tooth for a tooth. The introduction of monetary systems and dissatisfaction with the inequities of this vengeful redress led to settling … WebJan 13, 2024 · The complaint demanded injunctive relief, restitution under the UCL and California’s Consumer Legal Remedies Act (CLRA), and damages under the CLRA. The UCL authorizes restitution only, not... WebThe award of specific performance requires that the two following criteria must be satisfied: (i) Common law damages must be an inadequate remedy. For instance, when damages for a breach of contract found in favour of a third party are an inadequate remedy. (ii) No bars to equitable relief prevent specific performance. A bar to relief arises ... speciale bank