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Remidies - Coggle Diagram
Remidies
4 types of damages
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Speculative
the court award damages that are ‘speculative’ in nature and cover losses that may occur from the breach
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Assessing Damages
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Restitution
repayment of any money or other benefits passed to the defendant in advance of the contract that is breached.
Loss of a Bargain
This would mean that the claimant would be in the same financial position as if the contract had been properly performed.
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2 Categories for losses
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Non-pecuniary-Pain and suffering, loss of amenity
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Consumer remedies-
Consumer Rights Act 2015
Implies a number of terms into consumer contracts and sets out the remedies that apply if the consumer’s statutory rights are not met