Law · Indian Contract Act
What is the primary principle underlying the payment of damages for breach of contract?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1To compensate for emotional distress caused to the injured party
- 2To place the injured party in the same financial position as if the contract had been performed✓
- 3To punish the party responsible for the breach of contract
- 4To accommodate the injured party socially
Correct answer
To place the injured party in the same financial position as if the contract had been performed
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