👉 Remedium in the context of a contract or legal matter refers to any means, device, or instrument used for performing the purpose of the contract. Remedies are considered to be remedies that can be sought by either party when they believe their rights have been violated. These remedies include damages, injunctions, and specific performance. In a contract dispute, a remedy is often sought by one party seeking compensation for loss suffered as a result of breach or violation of the terms of the agreement. This could