There are several remedies for a breach of contract

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There are several remedies for a breach of contract, such as compensatory damages and general damages, which are monetary. But remoteness of damage must be taken into account as (Hadley v Baxendale,1854) states that the damage must arise naturally. This is due to there being a limit to the amount/kind of loss that can be recovered. Therefore, if it is too remote the claimant may not collect the contract damage. On the other hand, equitable remedies are a distinct section of remedies that can be obtained in a breach of contract, they are non-monetary methods used to ensure the satisfaction of people. They include specific performance in which the court issues an order for the part to perform a specific act, Injunction. Which is where the party is compelled to refrain from specific acts. Rescission which rolls the contract back to the position the parties were at before the breach took place and Rectification is a remedy where the court orders a written document to be made, to reflect what it should have said in the first place. (Samuel, 2013) Equitable remedies are used because in some situations or circumstance to reimburse through money is not enough as there are some cases in which more than that is lost. So, by doing this it ensures that the party are in the best position to move forward. Both contract law and tort law are very similar in the way they handle breaches in which the fundamental principle applied to assess the damages are similar. But tort law damages are awarded to reimburse the victim for any injury in which they may have suffered. (Livingstone v Rawyards Coal Co (1880) 5 App Cas 25, 39). states that the claimant should be fully compensated for his loss, in which he is entitled to be restored to the position that he would have been in, had the tort not been committed, which is through monetary compensation. But what differs Tort law to contract law is the different types of damages it has. In which there are nominal, contemptuous, general and special to name a few. The difference
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between all these damages is firstly the amount of compensation they receive as well as the severity of their loss. But like contract law, other methods used within tort law are injunctions, which are orders made by the courts to restrain or require a performance of a specific act. Lastly the jurisdiction is used in tort law by the court. In which it offers a relief of some sort, to restrain breaches of contract, tortious wrongs and an array of other conduct that infringe upon rights recognised by the common law. (Samuel, 2013) Just as with contract law there is also a limit of claim which can be found in the limitation Act 1960. It specifies the time scale within which an action can be taken. When evaluating the difference and similarities between contact and tort law. Very few differences can be seen, as the both offer monetary and non monetary compensation which a breach takes place.
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