Examlex
Welfare costs can be reduced by
Specific Performance
A legal remedy requiring a party to execute a contract according to the precise terms agreed on, rather than paying damages.
Restitution
A legal principle that requires a party to restore the other party to their original position prior to a loss or injury, or to compensate for the loss.
Injunction
A legal order that requires an individual or entity to do or to cease doing a specific action.
Damages
Monetary compensation awarded to a party in a legal proceeding as a remedy for loss or injury.
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