What Will Likely Be the Result If One of the Parties

What will likely be the result if one of the parties to a contract fails to perform his or her obligations under that agreement?

A) The offending party is legally obligated to renegotiate the terms of the contract.
B) Both parties must adhere to a mandatory requirement to renegotiate their contract.
C) A court will generally award damages to the innocent party to cover resulting losses.
D) A court will order each party to return whatever consideration has been received.