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Remedies

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Compare and contrast the various remedies available for breach of contract. Please be very specific in your answer.

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Solution Summary

The solution compares and contrasts the various remedies available for breach of contract.

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Compensatory Damages - money to compensate the loss.

Consequential and Incidental Damages - money as compensation for foreseeable damages that each party knew were possible at the time they formed the contract.

Attorney fees and Costs - only possible if provided for in the contract

Liquidated Damages - damages specified ...

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