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I. Suit for Price. ii. Damages for non-acceptance. i. Damages for Non- Delivery. ii. Remedy for Breach of Warranty. iii. Specific Performance. i. Suit for repudiation of contract before date or anticipatory breach. ii. Interest by way of damages and special damages.
Liquidated Damages. Specific Performance. Preserve Indemnity Obligations. Delivery of Due Diligence Materials. Termination, Return of Deposit and Compensation. Specific Performance.
Make the date clear. Check the notice clause. Describe the breach. Make sure it's a "material" breach. Offer a "cure." In some cases, it may be too late to fix the problem. Avoid an emotional tone. Try to work it out.
The party who is injured by the breach of contract may bring an action of breach of contract either by remedy of specific performance or the damages available such as general or liquidated damages, nominal damage (no loss situation), compensatory, punitive and specific.
Make the date clear. Check the notice clause. Describe the breach. Make sure it's a "material" breach. Offer a "cure." In some cases, it may be too late to fix the problem. Avoid an emotional tone. Try to work it out.
When a breach of contract occurs or is alleged, one or both of the parties may wish to have the contract enforced on its terms, or may try to recover for any financial harm caused by the alleged breach. If a dispute over a contract arises and informal attempts at resolution fail, the most common next step is a lawsuit.
Compensatory damages: This is the most common breach of contract remedy. When compensatory damages are awarded, a court orders the person that breached the contract to pay the other person enough money to get what they were promised in the contract elsewhere.
Repudiation. If the other party breaches a condition of the contract, you may be able to 'repudiate' the contract to terminate it and claim damages for your loss - or to 'affirm' the contract and claim damages. Damages. Specific Performance.