BUISENESS MANAGEMENT
LEGAL ISSUES
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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arbitration
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motion
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mediation
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lawsuit
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Detailed explanation-1: -If you successfully take someone to court for breach of contract, the most common remedy is compensatory damages. Usually, a court will order the person who breached the contract to pay you enough money that you can go elsewhere to get the services they failed to provide.
Detailed explanation-2: -Under the law, once a contract is breached, the guilty party must remedy the breach. The primary solutions are damages, specific performance, or contract cancellation and restitution. Compensatory damages: The goal with compensatory damages is to make the non-breaching party whole as if the breach never happened.
Detailed explanation-3: -Rights to damages for breach Any breach of contract (warranty, condition or innominate term) gives rise to a right in the hands of the innocent party to recover their damage suffered which caused by the breach of contract by the defaulting party.