Asked by Potenza Building Mtrl on Jul 16, 2024
Verified
Indicate three different types of equitable remedies and distinguish among them.
Equitable Remedies
Judicial awards made to fairly resolve a legal issue or dispute, including injunctions, specific performance, and rescission, based on principles of equity rather than fixed law.
Types
Varieties or categories of objects, individuals, or concepts that share common characteristics.
Distinguish
To distinguish means to recognize or treat (someone or something) as different from other people or things.
- Analyze the restrictions applied to specific performance, injunctions, and other forms of equitable relief in contract law.
Verified Answer
AF
Amber FlorenceJul 17, 2024
Final Answer :
1. Specific performance. Here the court orders the person to perform his contractual obligation.
2. Injunction. Here the court orders the breaching party to stop acting in a way that is inconsistent with the terms of the contract.
3. An accounting. Here the court orders the breaching party to account for any profits that have been made through that breach and pay them over to the victim.
2. Injunction. Here the court orders the breaching party to stop acting in a way that is inconsistent with the terms of the contract.
3. An accounting. Here the court orders the breaching party to account for any profits that have been made through that breach and pay them over to the victim.
Learning Objectives
- Analyze the restrictions applied to specific performance, injunctions, and other forms of equitable relief in contract law.