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Consider the following statements (1) In case of breach of contract...

This question belongs to Law Indian Contract Act
Indian Contract Act
?

Consider the following statements:
(1) In case of breach of contract generally damages are awarded.
(2) In case of breach of contract, remedy of specific performance of contract is always given.
(3) In case of breach of contract, fine is also imposed along with the award of damages.
(4) In exceptional cases where damages are not adequate compensation, remedy of specific performance can be given.
Which of the statements given above are correct?

Answer & Solution
Correct Answer: Option A
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