MANAGEMENT

BUISENESS MANAGEMENT

LEGAL ISSUES

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
An injured party whose rights in a contract have been breached can bring a(n) ____ against the other party.
A
arbitration
B
motion
C
mediation
D
lawsuit
Explanation: 

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.

There is 1 question to complete.