Class 1 - General Remedies Flashcards
1
Q
What are the available contract remedies?
A
Expectation (preferred), Reliance, Restitution
2
Q
Expectation
A
Put the aggrieved party in the position that they would be in if the contract had been fully performed.
3
Q
Reliance
A
Put the aggrieved party in the position that they were in if the promise was never made. (Restitution +)
4
Q
Restitution
A
Put the aggrieved party in the position that they were in before the promise was made.