Remedy is the means by which the violation of a right is prevented, redressed, or compensated. Remedies are of four kinds: (1) By act of the party injured, the principal of which are defense, recaption, distress, entry, abatement, aud seizure; (2) by operation of law, as in the case of retainer and remitter; (3) by agreement between the parties, e. g., by accord and satisfaction and arbitration; and (4) by judicial remedy, e. g., action or suit. Sweet. See Kuapp v. McCaffrey, 177 U. S. 638, 20 Sup. Ct. 824, 44 L. Ed. 921; Missionary Soc. v. Ely, 56 Ohio St. 405, 47 N. E. 537; U. S. v. Lyman, 20 Fed. Cas. 1,024 ; Frost v. Witter, 132 Cal. 421, 64 Pac. 705, 84 Am. St. Rep. 53. Also a certain allowance to the master of the mint, for deviation from the standard weight and fiueuess of coins. Enc. Lond.
TLD Example: The usual remedy for a breach of contract is a money judgment, but an aggrieved party could ask a court to order specific performance of the terms of the agreement.
The principles, maxims and precepts of Commercial Law are eternal, unchanging and unchangeable. They are expressed in the Bible, both in the Old Testament and in the New. The law of commerce — unchanged for thousands of years — forms the underlying foundation of all law on this planet; and for governments around the world. It is the law of nations, and of everything that human civilization is built upon.
The principles, maxims and precepts of Commercial Law are eternal, unchanging and unchangeable. They are expressed in the Bible, both in the Old Testament and in the New. The law of commerce — unchanged for thousands of years — forms the underlying foundation of all law on this planet; and for governments around the world. It is the law of nations, and of everything that human civilization is built upon.
Black’s Law Dictionary, Pocket Edition is the top-selling paperback law dictionary for good reason. With more than 19,000 definitions from the industry-standard Black’s Law Dictionary 10th, it is an essential reference tool for legal terms in a compact format.
Black’s Law Dictionary, Pocket Edition is the top-selling paperback law dictionary for good reason. With more than 19,000 definitions from the industry-standard Black’s Law Dictionary 10th, it is an essential reference tool for legal terms in a compact format.