Typically, the judicial remedy for breach of contract is monetary damages. Where the failure to perform cannot be adequately redressed by money damage, the court may enter an equity decree awarding an injunction or specific performance.
The aggrieved person has a duty to mitigate or reduce damages by reasonable meansLiquidated Damages may be limited to a specific amount. In the United States, punitive damages are generally not awarded for breach of contract but may be awarded for other causes of action in a lawsuit.
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12-10-2011, 11:14 PM
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