Finally, the most common remedy for breach of contract is monetary damages. Under UCC § 2-713, a buyer can recover its financial loses resulting directly from the seller’s failure to deliver ...

A remedy for breach of contract is damages. Breach of Contract. A breach of contract happens when one party no longer performs in accordance with the contract terms.

Summary. The most common remedy for breach of contract is the award of damages. The usual aim of the court is to place, as far as possible, the innocent party in the position it would have been in ...

Not all situations of nonperformance of duties allow a party to terminate a contract. For example, if you agree to sell a refrigerator for $500 due upon delivery, you cannot void the contract for ...

A recent Colorado Court of Appeals decision arising out of a business investment contract gone awry contains a lengthy (100-plus page) discussion about “specific performance.” This is a remedy ...