Part 2: Remedies Flashcards

1
Q

What is a remedy?

A

A remedy is what the courts gives party who has suffered through non-performance of contract.

The main remedies are:
1. Common law remedy of damages
2. Equity remedies; injunction and specific performance
3. Statutory remedies; CRA 2015(any terms implied by statute are breached)

Additionally, injured party may be able to terminate the contract - repudiation.

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