What are the common types of remedies available?

California contract law provides legal remedies for parties that experience a breach of contract. A breach of contract occurs when one of the parties to the agreement fails to perform their promises as agreed. Common types of remedies available include monetary damages, specific performance, and restitution. Monetary damages are the most common form of remedies available. This entails the wronged party receiving compensation for the losses they suffered as a result of breach of contract. The amount of compensation is typically determined by looking at the unjustly gained profits of the breaching party and subtracting it from the losses of the wronged party. Specific performance is another form of legal remedy available in California contract law. This type of remedy forces the breaching party to fulfill their obligations as outlined in the contract. This remedy is particularly helpful in cases where the contract requires the completion of a specific task, such as the construction of a building. Finally, restitution is another form of legal remedy available. Restitution requires the breaching party to return any money, goods, or property they received as a result of the contract to the wronged party. This remedy is typically requested when the breaching party benefited from the breach of contract. Overall, the available remedies depend on the type of breach, the contract, and the damages suffered. Most commonly, courts grant monetary damages or specific performance as a remedy. However, restitution and other forms of relief may be available.

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What are the common types of remedies available?

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