Remedies for Breach

Remedies for breach of contract are actions that can be taken when one party fails to fulfill their obligations. Common remedies include **damages**, which are financial compensation for losses; **specific performance**, requiring the breaching party to complete their promised actions; and **rescission**, allowing the non-breaching party to cancel the contract. The goal of these remedies is to put the injured party in a position as if the contract had been fulfilled, ensuring fairness and accountability in agreements.