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(b) That's right. 

You were asked to select the correct statement.

It is correct to say that common law remedies are the ‘normal’ remedies for breach of contract, whereas equitable remedies are available only at the discretion of the court in particular circumstances.

It is incorrect to say that common law remedies are available for a breach of a condition in a contract, whereas equitable remedies are available for a breach of a warranty in a contract.

It is incorrect to say that common law remedies for breach of contract cannot be excluded or modified by agreement between the contracting parties, whereas equitable remedies can.

Give yourself one mark for this answer.

 

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