Equitable remedies are monetary damages that are imposed by the courts on innocent parties to prevent them from taking advantage of the breach by deliberately raising the amount of damages that the other party has to pay.

Equitable Remedies

Court orders that require specific actions by a party, focusing on fairness and used when financial compensation isn't appropriate to resolve injustice.

Monetary Damages

Financial compensation ordered by a court for losses or injuries suffered due to another party's actions or negligence.

Breach

The violation or failure to observe a law, agreement, or code of conduct.