When One Party Has Broken a Contract,there Are Several Remedies

question 3

Multiple Choice

When one party has broken a contract,there are several remedies available to the non-breaching party,including:

• A) bringing an action for money damages.
• B) rescinding the contract.
• C) seeking specific performance.
• D) all of the above.

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Definitions:

Capital Investments

Funds invested in a company or organization with the expectation of achieving long-term financial gain, typically in the form of physical assets such as property, plant, or equipment.

TMX Group

A Canadian financial services company that operates multiple securities exchanges, including the Toronto Stock Exchange (TSX) and TSX Venture Exchange.

Toronto Stock Exchange

A major stock exchange in Canada, where shares of companies are bought and sold.

TSX Venture Exchange

A Canadian stock exchange for small and emerging companies, focusing on microcap and emerging markets.