Types of Damages Available for Breach of Contract

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What Types of Damages are Available in a Breach of Contract? 

Depending on the nature of the breach, you may have several different remedies available to you. The remedies may be subject to reduction or modification if the injured party has also breached the contract. Damages are monetary awards, and they include:

What other Breach of Contract Remedies are Available? 

Relief for contract breaches can come in two forms: legal damages, which are the monetary awards discussed above, and equitable remedies. Equitable remedies are rendered when monetary damages will not properly remedy the situation. They involve the court ordering the parties to take or refrain from some sort of action, and include:

Do I need to Hire a Lawyer for my Breach of Contract claim?

As you can see, a single breach of contract can result in the awarding of various types of remedies. A competent lawyer can help you understand which types of remedies are available to you under legal or equitable principals. Moreover, the law of contracts can often change from region to region, as well as over time. Working with an attorney can help ensure that you are updated with all the changes that are made in contracts law. 

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Last Modified: 12-19-2013 10:38 AM PST

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