Types of Damages in Contract Law

The video tutorial explains various types of damages in contract law, including compensatory, consequential, liquidated, and nominal damages. It discusses how these damages are calculated and applied in cases of contract breaches. The tutorial also covers specific performance and rescission as remedies, highlighting when they are applicable. Examples are provided to illustrate each type of damage and remedy.

How can nominal damages support a tort claim in addition to a breach of contract claim?

In what situations might a court order specific performance instead of awarding damages?

What does rescission of a contract entail?