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Question: 1 / 400

What legal remedies might result from a breach of contract?

Expansion of the contract terms

Negotiation of a new contract

Damages, specific performance, or rescission

In the context of a breach of contract, the primary legal remedies typically available are damages, specific performance, and rescission. Damages aim to compensate the non-breaching party for losses incurred due to the breach, placing them in a position they would have been in had the contract been performed. Specific performance is an equitable remedy compelling the breaching party to fulfill their contractual obligations, particularly relevant when monetary damages would not be sufficient, such as in the sale of unique goods or real estate. Rescission allows the parties to cancel the contract altogether, effectively returning them to their pre-contractual positions.

While expansion of the contract terms and negotiation of a new contract might arise in certain situations, they do not typically constitute remedies for a breach. Automatic renewal of the contract is also not a remedy but rather a provision that may be included in the original contract terms. Thus, the comprehensive range of remedies provided under option C accurately reflects standard legal principles governing breach of contract.

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Automatic renewal of the contract

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