Asked by Maegan Neuman on Jun 13, 2024
Verified
Indicate any limitations on the availability of specific performance and injunctions.
Specific Performance
A judicial remedy requiring a party to fulfill their obligations under a contract, typically used when monetary damages are inadequate.
Injunctions
Court orders requiring an individual or entity to do or refrain from doing specific acts.
Limitations
Restrictions or caps, often referring to the time within which legal action can be taken.
- Discuss the limitations on specific performance, injunctions, and other equitable remedies in contract law.
Verified Answer
JD
John David DelfinJun 19, 2024
Final Answer :
These are equitable remedies, and therefore they will not be available where monetary compensation would have been an adequate remedy. They will also not be available if they cause difficulty to a third party, or where the person seeking the remedy is also guilty of some wrongdoing.
Learning Objectives
- Discuss the limitations on specific performance, injunctions, and other equitable remedies in contract law.