A Kentucky breach of contract may be a violation of contract provisions that happens against a contract shaped underneath Kentucky Laws. Such breach can occur for similar reasons and have similar consequences.
Defenses against Breach of Contract Claims:
If a charge of breach of contract is brought against you, there are many defenses you may take in Kentucky. Those are:
- If the contract was not in written form.
- If the contract is not the agreement that was supposed.
- If the contract created in an abnormal mental state.
- If there is any undue influence or force was exerted.
- If the contract was created with an error.
- If the contract is unconscionable.
- If there any unconscionable power was used.
Breach of contract Damages:
If you are bringing a charge of breach of contract against a party, there are many different types of damages you be faced to pursue in Kentucky:
- Compensatory Damages. These can cover the losses of the non-breaching party with the aim of creating them whole once more.
- Expectation Damages. These can cover damages for what the non-breaching party expected to get out of the contract.
- Reliance Damages. These can cover damages incurred by the non-breaching party whereas performing their duty as stipulated by the contract.
- Consequential Damages: These are known as special damages and they cover losses indirectly associated with the agreement.
- Liquidated Damages: These cover specifically named damages associated with the contract.
- Punitive Damages: These damages goal is to penalize the breaching party.
- Nominal Damages: These damages that occur undue to any financial damages that occur due to the breach of contract.
- Restitution Damages: These damages awarded once the breaching party benefited from the breach at the non-breaching party’s expense.