Which of the following is a remedy for a party that is in material breach of a contract but has incurred economic harm by already performing substantially for the contract?
A)Liquidated damages
B)Quasi-contract
C)Bilateral contract
D)Incorporation

Question

Which of the following is a remedy for a party that is in material breach of a contract but has incurred economic harm by already performing substantially for the contract?
A)Liquidated damages
B)Quasi-contract
C)Bilateral contract
D)Incorporation

Quizplus · Accepted Answer

One remedy available to parties that commit material breach and still need to be compensated for their performance is a quasi-contract.

Which of the Following Is a Remedy for a Party That