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Equitable Remedy
A remedy provided by courts in situations where legal remedies (like monetary damages) are inadequate or inappropriate, focusing on fairness.
Concurrent Condition
Conditions in a contract that must be met simultaneously by the involved parties for the agreement to be executed fully and legally.
Accord and Satisfaction
A legal settlement where a debtor offers something of value to a creditor, and the creditor accepts it as full repayment of the debt.
Different Performance
Fulfillment of a contractual obligation in a manner that varies from the originally agreed-upon terms yet still satisfies the contract's essential requirements.
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