Remedies for breach of contract

WHAT ARE THE REMEDIES FOR BREACH OF CONTRACT?

A breach of contract occurs when one party failed to fulfil the agreed terms of the valid contract. The party which suffered loss can sue on another party for compensation. Example: X promises to deliver furniture on 2nd December to Y. Later X fails to deliver furniture on certain day. Here, X fails to fulfil his promise. Here the parties failed to fulfil essential elements of the contract.

Lawyer's Arc
Jan 26, 2025

38 mins to read

Contract Law

Remedies for breach of contract

The damage that is being made from a distance or indirectly related to the person who has being damage is known as, Remoteness of damage. For ex- If person A and person B had an accident crashing their cars and person C who was standing nearby had a miscarriage by the accident then person A and B are not directly related to the cause done to person C.

Lawyer's Arc
Jan 26, 2025

33 mins to read