The two types of remedies available for breach of contract are monetary relief and equitable relief

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The two types of remedies available for breach of contract are monetary relief and equitable relief.

You enter into an agreement with someone to purchase a classic car for $10,000. It will require heavy restoration before it will be road-worthy. In preparation, you begin to purchase necessary parts and tools, rent garage space, and take a day off of work to travel to the vehicle's location to pick it up. When you arrive, the seller says they are selling it to someone else for $12,000. Discuss the ways in which a court might resolve this disagreement from both a monetary and equitable relief standpoint.