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Remedies for the Breach of Contract
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The _________ (winning) party in a breach of contract claim may be able to collect attorney ______ (prices) and _______ (expenses) that he or she _______ (made) in order to ____ ____ (start, initiate) legal action.
prevailing, fees, costs, incurred, bring about
Some states specifically _______ (forbid, not allow) _______ (those initiating a lawsuit) from recovering punitive damages on breach of contract claims.
plaintiffs, prohibit
Punitive damages are meant to _______ a guilty party in order to _______ (stop from doing) that party or others from engaging in similar ________ (behaviour) in the future.
punish, prevent, conduct
Liquidation damages are typically part of contracts where it would be difficult to determine the actual amount that a party was damaged _________ (because of) a breach
due to
An innocent party may ask to be reimbursed for the loss of business profits that _______ (came from, originated) from not having _________ (ability to approach) to the necessary materials to produce a product for a third party.
derived, access
Consequential damages are those damages that _________ (pay back the money to) the innocent party for indirect costs that resulted from the breach.
reimburse
The non-breaching party generally has a duty to ________ (reduce, lessen) his or her losses.
mitigate
Compensatory damages may be the amount necessary for the non-breaching party to ________ a substitute product that is _________ to the one contracted for.
purchase, equivalent
Legal remedies often take the form of monetary __________.
damages
Specific performance may be imposed when the ______ matter is unique, such as a famous painting or a specific piece of _______.
subject, property
Specific performance is an order by the court that ______ the breaching party to _____ out the contract as it was originally written.
requires, carry