The most common remedy for a contract breach is damages, which is a substitutionary remedy and a remedy at law. Damages usually take the form of money paid by the obligor to the obligee to make the...
The answer to this question may vary depending on your jurisdiction.
In general, at common law, breach of contract remedies come in two flavor: legal, and equitable.
Equitable remedies evolved...
There are several: 1. Recission, where the contract is cancelled, both parties excused, and any advance payments are returned,2. Reformation, where the contract is altered to reflect what was...
There are several types of remedies, part of it will depend upon the countract itself.
Typically the law will attempt to put both parties at the place they started at, if possible.
The law will...