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Indiana Breach of Contract laws

HomeBreach of ContractIndiana Breach of Contract laws

Indiana contract laws follow the Uniform Commercial laws and relevant court decisions for determining remedies for breach of contract.

  • Where the breach of the contract is found to material, the other party is entitled to stop himself from being liable for further actions required by the contract.
  • The damage arising from the breach of contract is classified as compensatory damages and specific performance.
  • Compensatory damage will reimburse the aggrieved party of his losses while specific performance will require the other party to perform and fulfill the contract obligations as it was agreed earlier.

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