This document summarizes different types of remedies available for breach of contract, including stipulated damages, reliance damages, expectation damages, restitution damages, and actual damages. It notes that parties should foresee potential damages in the contract to allow for enforcement in court. While punitive damages may be available in some cases, their use depends on laws and whether compensation and costs are sufficient. The document recommends always foreseeing damages and using arbitration for faster dispute resolution to prevent harms from contract breaches.

1. Breach of contract and remediesBy: Leyman WesleyCourse: English for law practice 1Year: 2009-2010

2. Leyman WesleyBlog: breach of contract and remediesOn www.2rp1team2.wordpress.comButton Unit 6: Leyman Wesley

3. IndexIntroductionForesee a damageEnforce a damageTypes of damagesMy opinion

4. Introduction2 parties with the same objective1 party can’t fulfil his obligationBreach of contractThe non-breaching party will seek for a remedy

5. Whatcan the non-breaching party do?Foresee a damage in the contractEnforce a damage

6. Foresee a damageStipulated damageForesee in a compensationcompensation in moneycompansation in an obligation

7. Enforce a damageIn court, mentioned in the contractSeveral damagesPossible that there is a rejection

8. Enforce a damageWhich?Punitive damage/ exemplary damageReliance damageExpectation damage/ benefit of the bargain damageRestitution damageGeneral damage/ actual damage

9. Types of damagesPunitive damage or exemplary damageStipulated in lawNot enough satisfaction effect/ costs > damageReliance damageCosts made by the non-breaching partyIn belief that the contract would be accomplished

10. Types of damagesExpectation damages/ benefit of the bargainPosition if contract had been accomplishedRestitution damagesBenefit breaching party to non-breaching partyGeneral damage/ actual damageLoss that is result of the breach

11. My opinionForesee always a damagePrevention is better than the cureAppoint an arbitratorA faster conclusion of the case

12. The endWhen you make a contract with someone, just take care that you mention a damage. Thank you for your attention