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Remedies Available In Contract Law
A contract is a legally enforceable binding agreement between two or more parties. ... As society recognizes, it is vital that contracts have remedies. If people were to make bargains without the intention to keep them and get away with it, what would be the point of a contract? In order to address this question, it is important to examine the remedies available in contract law.
If a case of breach of contract is proved, the plaintiff has a right to damages. The general principle governing damages for breach of contract was stated by Pak B. ... Harman (1848) 1 EX 850: 154 ER 363:
“The rule of common law is that where a party sustains a loss by reason of a breach of contract, he is, so far as money can do it, to be placed in the same situation, with respect to damages, as if the contract had been performed. ... 97) If the plaintiff could easily recover from a breach of contract (e. ... On August 6th, 1965 plaintiff (Shirley Maclaine) and defendant (Twentieth Century Fox Film Corp) entered a contract in which plaintiff was to play the female lead in a motion picture, “Bloomer Girl”, a musical song and dance number contemplated by defendant. ... Damages will normally only be awarded for the direct effects of breach of contract. Of course, a breach can have “far-reaching consequences” as in the case of Hadley v.
Approximate Word count = 1141 Approximate Pages = 4.6 (250 words per page double spaced)
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