What is the legal meaning of remedies?
remedies: an overview\n\n A remedy is a form of court enforcement of a legal right resulting from a successful civil lawsuit.
What is an example of a remedy?
Monetary awards (called damages), specific performance, and restitution are the three principle remedies.
What are the 3 remedies?
Specific performance is a type of remedy for breach of contract in which a court orders the breaching party to perform their end of the bargain. Monetary damages are typically favored over specific performance as a remedy for breach of contract.
What is a remedy in law?
A remedy is a form of court enforcement of a legal right resulting from a successful civil lawsuit. What is a remedy in law example? A Legal remedy is a legal process in which people who have been harmed can seek compensation for their losses. Damages, injunctions, and specific performance are some examples of legal remedies.
What are equitable remedies in law?
Equitable remedies. Related issues. A legal remedy, also judicial relief or a judicial remedy, is the means with which a court of law, usually in the exercise of civil law jurisdiction, enforces a right, imposes a penalty, or makes another court order to impose its will.
What are the different types of remedies in contract law?
There are a variety of remedies in contract law and many different types of conditions that may warrant a legal remedy in contract law. When one party to a contract breaches the contract, the other party may be entitled to a legal remedy. The most common type of remedy in contract law is damages.