Difference between revisions of "Specific performance"
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(New page: Specific performance is a remedy requiring a person who has breached a contract to perform specifically what he or she has agreed to do. Specific performance is ordered when damages...) |
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| − | Specific performance is | + | Specific performance is an [[equity|equitable]] remedy in [[court]] requiring a person who has breached a [[contract]] to perform specifically what he or she has agreed to do. |
| − | Specific performance is ordered when damages would be inadequate compensation. | + | Specific performance is ordered when damages would be inadequate compensation. Specific performance is disfavored as a judicial remedy and damages are preferred whenever adequate. |
[[Category:law]] | [[Category:law]] | ||
| + | [[category:legal terms]] | ||
Revision as of 18:38, November 18, 2007
Specific performance is an equitable remedy in court requiring a person who has breached a contract to perform specifically what he or she has agreed to do.
Specific performance is ordered when damages would be inadequate compensation. Specific performance is disfavored as a judicial remedy and damages are preferred whenever adequate.