Compare and contrast potential legal and equitable remedies.

Equitable remedies are different from legal remedies. The legal remedies are available to the claimant as his right. However, equitable remedies are totally upon the discretion of the court and granted by the court. The equitable remedies are injunction, specific performance, rescission, Estoppel, an account of profits, rectification, subrogation, etc. However, the two main equitable remedies are injunction and specific performance.

The legal remedy may include damage and coercive relief. Damages include compensatory damages Punitive damages, Incidental damages, Liquidated damages, Nominal damages. The Coercive relief includes Specific performance, Injunctions, Restitution, and Account of profits.

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Academic.Tips. 2021. "Compare and contrast potential legal and equitable remedies." October 5, 2021. https://academic.tips/question/compare-and-contrast-potential-legal-and-equitable-remedies/.

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