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Unlocking Series Contract Law PDF Download  Form

Unlocking Series Contract Law PDF Download Form

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welcome to Los seconds I am Jennifer Heusen in this law session we will consider remedies in contract law and what occurs in situations where there's been a breach for example and to what the innocent party is entitled now there are various remedies which exist in contract law and these remedies of course can range from damages to one party repudiate in the contract to rescinding the contract seeking specific performance or an injunction or indeed obtained in some sort of restitutionary award now damages is of course the common law remedy and if we start first with damages because it is quite likely that this is a starting point in any kind of breach as it relates to the parties relationship now you can consider damages from two standpoints unliquidated damages which is damages which the court assesses or liquidated damages which is damages which the parties have agreed between them now the purpose of unliquidated damages of course is to compensate the plaintiff for the losses

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