What are the common types of remedies available?

In Michigan, there are several common remedies available when a contract is violated. First, there is the expectation remedy. This remedy is designed to put the parties back into the position they would have been in had the contract been performed as intended. This could involve compensating the other party for any losses they incurred due to the breach. Second, there is the restitution remedy. This remedy is designed to reclaim any benefit that the breaching party unlawfully received from the other party. Third, there is the specific performance remedy. This remedy requires the breaching party to fulfill the obligations that were outlined in the contract. This is only used if damages or other remedies are not enough to adequately compensate the non-breaching party. Fourth, there is the injunction remedy. This remedy requires the breaching party to act or refrain from acting in a certain way in order to prevent further harm to the non-breaching party. Finally, there is the damages remedy. This remedy is designed to put the non-breaching party in the position they would have been in had the contract been carried out as it was intended. This could involve compensating the other party for any losses they incurred as a result of the breach. All of these remedies are available in Michigan and can be used to resolve contract disputes. It is important to understand each remedy and how it can be used in a given situation to ensure that the non-breaching party is adequately compensated for any losses they incurred due to the breach.

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What are the common types of remedies available?

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