Introductory Business Law CLEP Exam 2025 – Your All-in-One Guide to Master the Test!

Question: 1 / 400

What remedies are available to a person who is the victim of a breach of contract?

Vindictive damages

Specific performance

Specific performance is the appropriate remedy for a victim of a breach of contract. Vindictive damages, or punitive damages, are meant to punish the breaching party and are generally not available in a contract dispute. Acceptance of the breach means the victim agrees to the breach and forfeits any rights to remedies. Terminating the contract may be an option, but specific performance is more likely to provide the victim with the outcome they desired when entering into the contract.

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Acceptance of the breach

Termination of the contract

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