Breach Of Contract And Remedies

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Recommended: remedies of contract of breach to the guilty party in a contractual agreement

When a contract has been broken by the party who suffers by such breach1is entitled to receive from the party who has broken the , contract compensation for any loss or damage caused to him by whch the natural course of things from such breach or which the parties knew when they made the contract ,to be likely to result from breach of it , such compensation is not to be given by the any remote loss or the damage sustained by the reason of breach.

Explanation –In estimating2 the loss or damage arising in the breach of the contract the means which are existed of remedying this inconvenience cause by the non performance of the contract must be taken into in an account

BREACH OF CONTRACT AND REMEDIES – The illustrations to the sections illustrates various kinds of breaches .There are 3 kinds of breaches upon aa remedies viz. SPECIFIC PERFORMANCE, INJUCTION 3 DAMAGES . This section deals with the last remedy .this section is triggered in the event of the breach of the contract and lays down the principle for asserting damages , the next section deals with the what is known as liquidated damages i.e. the amount agreed between the parties to pay with the event of breach. The damages contempted in the section are of pecuniary in nature or of a loss of a property the remote or the indirect damages which are faced by the party are triggered .the remote or indirect damages such as for the disappointment ,vexation of mind , injured feelings are excluded by this section
Damages two: standards

The section provides for loss of the damages
(1) Which manually naturally arose in the usual course of things from the breach; or
(2) Which the parties knew wnen they had a contract between them ,to be likeky to result from the breach
The first ...

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...ure of damages). When it is either impossible or undesirable measured in this way damages, the court may provide monetary compensation, intended to restore the injured party to them at the time the contract is entered occupy the economic status (referred to as "dependent measures "), or designed to prevent the breaching party is unjustly enriched

Damages for breach
Contract is not a property. Only through some consider supporting the commitment uponwhich of specific performance or damages, whether remedy is available.1

The partywho injured by a breach of contract may bring an action for damages. ³Damages 'means money compensation is calculated from the loss suffered by the aggrieved party. Lieson burden the injured party to prove their loss.2

Damages for every action raises two questions. Thefirst question as corrupted ³remoteness and second, the damage ³ measures

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