Lesson 1, Topic 1
In Progress

11.10 Remedies for breach of contract

Remedies for breach of contract in indemnity agreements

  1. Compensation or damages
  2. Specific performance
  3. Termination of the contract
  4. Legal action

Remedies for breach of contract in guarantee agreements

  1. Payment of guaranteed obligations
  2. Specific performance
  3. Legal action
  4. Recovery from principal debtor