wiz-icon
MyQuestionIcon
MyQuestionIcon
12
You visited us 12 times! Enjoying our articles? Unlock Full Access!
Question

For breach of a contract the aggrieved party ______________.

A
Cannot rescind the contract
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
Can sue for damages
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
C
Cannot sue for an injunction
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
Can do all the above
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is B Can sue for damages
‘Damages’ may be defined as the monetary compensation payable by the defaulting party to the aggrieved party for the loss suffered by him. The aggrieved party, may therefore bring an action for damages against the party who is guilty of the breach of the contract. And the party, guilty of the breach, is liable to pay damages to the aggrieved party.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Appropriation vs Charge
ACCOUNTANCY
Watch in App
Join BYJU'S Learning Program
CrossIcon