Equitable remedies are monetary damages that are imposed by the courts on innocent parties to prevent them from taking advantage of the breach by deliberately raising the amount of damages that the other party has to pay.

Question

Quizplus · Accepted Answer

Equitable remedies refer to non-monetary remedies, such as injunctions or specific performance, that aim to compel a party to fulfill their obligations under a contract. They are not monetary damages imposed on innocent parties.

Equitable Remedies Are Monetary Damages That Are Imposed by the Courts