As per Michigan contract laws, a breach of contract happens when one party fails to keep up the contractual promise that binds the contract.
- The Court of Michigan requires the defendant to indemnify the losses suffered by the plaintiff due to his non-performance.
- Otherwise, the defendant can provide specific performance of the contract like it was agreed upon in the contract.
- Specific performance will be allowed by courts only in cases where financial compensation is inadequate to cover the losses.
- In situations where the plaintiff had to incur replacement costs due to the non-performance, the same will also be required to be reimbursed over and above the financial losses.