substitutional remedy

A remedy intended to give the promisee something as a replacement for the promised performance or to give the plaintiff something in lieu of preventing or repairing an injury.

• A court awards a substitutional remedy by ordering a defaulting seller of goods to pay the buyer damages (as opposed to delivering the promised goods).

— Also termed substitutionary remedy. [Cases: Contracts 324(1). C.J.S. Architects §§ 39, 47, 51; Contracts § 600.]

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词条贡献者

译者Paloma，毕业于英国一流的高级翻译学院，擅长翻译各种与投资基金相关的法律文件。