Remedies available to the nonbreaching party


Question 1: What remedies are available to the nonbreaching party?

Question 2: It is important you understand the differences in the various types of damages. In Hadley v. Baxendale (1854), liquidated damages versus penalties, specific performance, mitigation of damages, compensatory damages and or punitive damages.

Question 3: What are the difference between these or under what circumstances will they be awarded? Use examples to illustrate your points.

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Business Law and Ethics: Remedies available to the nonbreaching party
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