Exercises · Q5
Q.What are the remedies available to an aggrieved party on breach of contract?
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Start your 14-day free trial to unlock the full solution →- Rescission — the aggrieved party treats the contract as cancelled and is freed from performing their own remaining obligations.
- Suit for damages — a claim for monetary compensation (ordinary, special, exemplary, or nominal, depending on the nature and circumstances of the loss).
- Suit for specific performance — where damages would not adequately compensate (e.g. a unique item or piece of land), the court orders the party in breach to actually carry out the promise.
- Suit for injunction — a court order restraining a party from doing an act they had promised not to do.
- Quantum Meruit — a claim for reasonable payment for work/goods already supplied under a contract that could not be completed because of the other party's breach. …
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