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This lesson discusses remedies in contract law, focusing on determining available remedies and calculating the amounts. If a party fails to perform their legal duties under a contract and non-performance is not excused, they are liable for breach of contract. The plaintiff is entitled to remedies such as monetary damages, expectation damages, and reliance damages. Understanding the formulas and how they play out is crucial for identifying and calculating remedies effectively. 95% of remedy analysis can be determined straightforwardly once these concepts are known.