Which of the following is a remedy for breach of contract?

Monetary damages are considered a primary remedy for breach of contract because they provide a financial compensation to the non-breaching party. When one party fails to fulfill their contractual obligations, the injured party may seek damages to cover the loss incurred due to the breach. This compensation aims to put the injured party in the position they would have been in had the contract been fully performed. There are various forms of monetary damages, including compensatory, punitive, and consequential damages, each serving different purposes depending on the situation surrounding the breach.

In contrast, while negotiation can sometimes lead to resolution, it is not a formal remedy for breach of contract but rather a method for parties to communicate and potentially settle disputes amicably. A public announcement could be a strategic approach to manage perceptions or media coverage related to a breach, but it does not address the legal remedy aspect of the breach itself. Limitation of liability refers to clauses that may restrict the amount recoverable in a breach scenario, but it is not a remedy for the breach; instead, it is a contractual provision that can influence the extent of damages awarded if a breach occurs.