Equitable remedies
You'll learn what equitable remedies are and when the courts will award them instead of damages in breach of contract cases.
This lesson is part of a paid course
Buy the course to unlock every video lesson and the AI Tutor, plus mock exams with feedback on CIMA courses.
Already bought? Sign in
Ask the AI tutor anything about this lesson
It knows every lesson in the course — explanations, clarifications, practice questions.
In this lesson
- 0:00 Equitable remedies when damages aren't enough
- 1:17 Principles governing equitable remedies
- 2:45 Specific performance and unique contracts
- 4:34 Injunctions and negative restrictions
- 6:06 Rescission and returning to pre-contractual position
- 8:07 Exam question on damages purpose
- 9:38 Calculating damages and foreseeability
About this lesson
This lesson covers the key principles that govern equitable relief—including the requirement that you come to court with clean hands and that damages must be inadequate—and explores the main types: specific performance, injunctions, and rescission. You'll understand why equitable remedies are designed to protect rather than punish, and see how they apply differently depending on the type of contract involved. This is essential knowledge for Corporate and Business Law (LW) and helps you recognise when monetary compensation alone won't solve a contractual dispute.
Duration: 11m
Transcript
Every lesson comes with a full searchable transcript - included with the course.
Get the Corporate and Business Law course
All 76 video lessons, an AI Tutor in every lesson and lifetime access.
Already bought? Sign in