Published Dec 14, 2021
2 mins read
429 words
This blog has been marked as read.
Double Click to read more
Economics
Academics and Education
Others

Remedies In Case Of Breach Of A Contract Between Two Parties

Published Dec 14, 2021
2 mins read
429 words

In the previous blog we have learnt about different types of officers and essentials of a valid contract but now I am going to explain about the remedies in case of breach of a contract a breach of a contract in the sense means that breaking the contract or breaking the law rules of the contract made between the two parties.

There are several remedies in case of breach of a contract some of them are:

  1. Filing the suit for damages: in case of breach of a contract by any one of the party or either of the party e-way can file the suit for the damages caused by a person to the other party the types of damages usually are as of four types which are ordinary damages, special damages, nominal damages and  exemplary or indicative damages. Filing a suit makes him would or any other punishment will be given to the party who has broken the contract.
  2. Suit for recession or cancellation: this in the sense means that when the contract is cancelled by the party and we may have broken the laws of the agreement and has cancelled it either of the party who has cancelled the contract must take the blame and he can be sued.
  3. Suit for specific performance: if any of the parties have a purpose formed the contract which is against the laws which are made in the contract then he can be sued for the specific performance that he has done against the contract or against the will of the offerer.
  4. Suit for injuction: suit for injunction refers to that the contract is made to agree by forcing him or by threatening him then there is influence made by a party to another party so he can be sued for making the injuction on the another party. 
  5. Suit for restitution: it means that when a party has broken the contract then he can claim for the compensation or he can claim for the initial amount back to him which he has paid on case of restitution he can demand for the money which has paid either of the party who has been breached the contract must pay the restitution for the amount which has been initially given by an offer or of worry to the offer or the of every one who has committed the mistake or broken the contract.

These are the remedies for the breach of the contract that one can utilise and get knowledge from its for using it in the future in case anyone breaking the contract.

#Remedies for breach of contrac
14
2
mreeduban.goswami 12/14/21, 3:34 PM
Plz do read my blogs
sheetal.thakur 12/15/21, 1:10 PM
Please read and like my blogs too

Candlemonk | Earn By Blogging | The Bloggers Social Network | Gamified Blogging Platform

Candlemonk is a reward-driven, gamified writing and blogging platform. Blog your ideas, thoughts, knowledge and stories. Candlemonk takes your words to a bigger audience around the globe, builds a follower base for you and aids in getting the recognition and appreciation you deserve. Monetize your words and earn from your passion to write.