What can result from choosing one remedy for breach of contract?

Study for the LEGL 2700 Hackleman 2 Exam. Enhance your skills with multiple choice questions, comprehensive explanations, and strategic study tips. Prepare for success!

Choosing one remedy for a breach of contract often results in the obliteration of the opportunity for another remedy because of the legal principle known as "election of remedies." When a party chooses one specific remedy, they are, in effect, waiving their right to pursue additional remedies that may also be available for the same breach. This principle is designed to prevent double recovery and promote finality in legal disputes.

For instance, if a party decides to seek damages for a breach, they may not later decide to rescind the contract and seek other types of remedies. The choice made can significantly influence the course of the legal action and the outcomes available to the aggrieved party. Understanding this principle is crucial for parties involved in contract disputes as it guides them in making informed decisions about how to address breaches when they occur.

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