Michigan Laws 440.1305 – Administration of remedies; enforcement of right or obligation
Current as of: 2023 | Check for updates
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Terms Used In Michigan Laws 440.1305
- Aggrieved party: means a party entitled to resort to a remedy. See Michigan Laws 440.1201
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- Right: includes remedy. See Michigan Laws 440.1201
(1) The remedies provided in this act must be liberally administered to the end that the aggrieved party may be put in as good a position as if the other party had fully performed but neither consequential or special damages nor penal damages may be had except as specifically provided in this act or by other rule of law.
(2) Any right or obligation declared by this act is enforceable by action unless the provision declaring it specifies a different and limited effect.