General Principles of Contract Damages
MICHIGAN LAW OF DAMAGES AND OTHER REMEDIES, Barbara A. Patek, Patrick McLain, Mark Granzotto, and Norman Otto Stockmeyer, eds., ICLE, 2002
15 Pages Posted: 1 Jan 2011
Date Written: 2002
Abstract
This chapter is from the online version of the book Michigan Law of Damages and Other Remedies (Michigan Institute of Legal Education, 2002). It explores Michigan law dealing with claims for breach of contract. The expectation, reliance, and restitution measures of recovery are explained. Limitations on damages are covered, including certainty, foreseeability, and mitigation. The chapter concludes with liquidated damages clauses. Sample jury instructions and practice tips are provided.
Keywords: remedies, damages, contract law
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