What are some common legal remedies available in contract disputes?
An example of an AI chatbot conversation about legal remedies in contract disputes.
What are some common legal remedies available in contract disputes?
Common legal remedies in contract disputes include damages, specific performance, and rescission.
Can you explain what damages mean in this context?
Damages refer to monetary compensation awarded to a party for losses suffered due to a breach of contract.
What is specific performance?
Specific performance is a legal remedy that compels a party to fulfill their contractual obligations.
Are there situations where rescission is applicable?
Yes, rescission is applicable when a contract is voidable due to misrepresentation, fraud, or mutual mistake.
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