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Contract Broken in Maryland? What Compensation Can You Really Claim?

Navigating Contract Damages Claims in Maryland: Your Path to Recovery When a contract is broken, the fallout can be significant, impacting individuals and businesses alike. In Maryland, as in other states, the legal system provides a framework for seeking compensation when one party fails to uphold their end of an agreement. This isn't just about getting angry; it's about understanding your rights and the types of damages you can claim to recover your losses. This article will guide you through the intricacies of contract damages in Maryland, offering practical advice and crucial warnings. The Core Principle of Contract Damages in Maryland At its heart, Maryland contract law, much like general contract law across the U.S., aims to put the non-breaching party in the same financial position they would have been in had the contract been fully performed. This is known as the "benefit of the bargain" principle. Unlike tort claims, which often involve ...