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8. (A) Explain and distinguish between the remedies of specific performance and injunctive relief available in...

8. (A) Explain and distinguish between the remedies of specific performance and injunctive relief available in a breach of contract dispute providing an example of each.  

Submit a response of at least 50 words.

(B) Explain the purposes of and distinguish between compensatory damages, punitive damages and liquidated damages in a breach of contract case.

Submit a response of at least 50 words.  

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Answer #1

8a. Specific Performance In a breach of contract case, the court can consider ordering specific performance as long as the innocent party asks for that remedy. This equitable remedy orders the breaching party to comply with the terms of the contract. This means that the breaching party will be required to do whatever the party originally promised to do. The court will consider this option when money damages wont provide the innocent party with adequate compensation for the breach. Specific performance is most common in sales contracts. This remedy is sometimes used when a sales contract involves something unique, such as a particular tract of land, a rare heirloom, or a priceless art piece. Specific performance is best understood by considering an example. Lets say that Arty is an art dealer. He acquires a rare, ancient Egyptian statue that is thought to have belonged to Cleopatra. Andrea collects Egyptian art and makes a sizable offer to buy the piece. Arty agrees, and the two make a valid legal contract. Arty then decides that hed rather keep the piece for now. He breaches his contract with Andrea. Andrea sues Arty for breach of contract. The court decides that the piece is truly priceless, and Andrea cant acquire another comparable piece no matter how much money the court awards her. Instead, the court decides that Arty should comply with the terms of the contract, and sell the piece to Andrea for the price already agreed to pay. This is specific performance. Injunction Another equitable remedy is injunction, which is a remedy that prohibits a party from a particular act. Note that specific performance and injunction remedies are similar, but the key difference is this: specific performance orders a party to do something, and an injunction orders a party not to do something.Injunctions can be issued as a remedy at the conclusion of a lawsuit, such as a breach of contract claim. This type of injuncperforming part of meet the obligation, then that is actually a penalty. In these kinds of cases, the amount is usually disreprescription medications, certainly one of which often Amanda was taking, in addition to thus caused her severe illness. Amandas medical bills amounted to nearly $5, 1000, prompting her to record a civil lawsuit in opposition to the company to recover her medical expenses, since well as lost salary for the two days she was off job. Amanda claims in the woman lawsuit the company realized, or needs to have known, of which the contents in the excess weight loss formula were more likely to react badly with specific prescription medications, and of which they should warn buyers. At trial, the business demands it has not busted any laws or restrictions, and makes it very clear it offers no plans in order to pull the item off racks, or to alter the advertising campaign. In the particular end, the judge guidelines in Amandas favor, awarding her compensatory damages (to compensate her for healthcare expenses and loss associated with income), in the quantity of $7, 000. The courtroom also admonishes the organization, which makes it clear that the particular courts opinion is that will the company has negligently and recklessly risked peoples health. The judge after that awards Amanda punitive problems in the amount associated with $100, 000, with the particular hope that a big hit to its financial institution account will convince the particular supplement company to modify its ways, to become a lot more serious about the security from the supplements it produces.

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