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CONTRACT-BASICS5 MIN READ

Sort Damages and Remedies

Categorize common remedy examples as direct damages, consequential damages, liquidated damages, or equitable remedies.

Sort each example by the primary remedy category. Direct damages Consequential damages Liquidated damages Equitable remedy Refund of fees paid for the failed implementation milestone Lost profits from a delayed product launch caused by late delivery $1,000 per day for each day a data export is late, stated in the contract Court order requiring a party to stop using confidential source code Cost to replace defective work with conforming work Customer's lost downstream advertising revenue after an outage Pre-agreed service credit for missing the monthly uptime target Order requiring transfer of a unique domain name promised in the agreement

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