When a breach of contract results in no tangible harm to a non-breaching party, it can receive nominal damages from the breaching party.
What is breach of contract?
Breach of contract is when one of the party to a contract is unable to perform his or her terms of the contract. A contract is meant to satisfy the reasons for which the contract was gone into for both parties.
Elements of breach of contract are :
- The existence of a contract.
- Performance by the plaintiff or some justification for nonperformance.
- Failure to perform the contract by the defendant.
- Resulting damages to the plaintiff.
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