Question :What is breach of contact? What are the remedies? 

Answer:A breach of contract occurs when one party fails to perform its obligations under the terms of a contract without a legal justification. This failure can take various forms, such as non-performance, incomplete performance, or performance that does not meet the agreed-upon standards. When a breach occurs, the non-breaching party may seek remedies to address the harm caused by the breach.

Common remedies for breach of contract include:

1. **Damages:**

   - **Compensatory Damages:** Designed to compensate the non-breaching party for the actual loss or harm suffered as a result of the breach. The aim is to put the injured party in the position they would have been in if the contract had been performed.

   - **Consequential Damages:** Also known as special or indirect damages, these compensate for foreseeable losses that result from the specific circumstances of the breach.

   - **Liquidated Damages:** Pre-determined damages specified in the contract itself. The parties agree on a fixed sum to be paid in case of a breach.

2. **Specific Performance:**

   - A court order requiring the breaching party to fulfill their contractual obligations as specified in the contract. This remedy is typically used when monetary damages are inadequate or impractical.

3. **Injunction:**

   - A court order preventing the breaching party from taking certain actions. This is more common in situations where performance of the contract would result in irreparable harm.

4. **Rescission:**

   - The non-breaching party may choose to cancel or terminate the contract. This is often an option in cases of a material breach.

5. **Reformation:**

   - In situations where the contract contains a mistake, a court may reform, or change, the contract to reflect the parties' true intentions.

6. **Nominal Damages:**

   - In cases where the non-breaching party has suffered little or no actual loss, nominal damages may be awarded to recognize the technical breach of contract.

The choice of remedy depends on the nature and circumstances of the breach, the type of contract, and the preferences of the parties involved. Courts aim to provide a remedy that is fair and appropriate in light of the specific contractual situation.