Brooks, Richard R.W.; Stremitzer, Alexander - In: American Law and Economics Review 14 (2012) 2, pp. 488-516
A party dissatisfied with the contractual performance of a counterparty is typically able to pursue a variety of legal recourses. Within this apparent variety are two fundamental alternatives. The aggrieved party may (i) 'affirm' the contract and seek money damages or specific performance, or...