What can a defrauded party seek in terms of compensation?

A defrauded party can seek financial compensation for damages as a remedy when they have been harmed due to fraud. This compensation is intended to restore the injured party to the financial position they would have been in had the fraud not occurred. This remedy focuses on actual economic loss, which may include direct losses as well as consequential damages that resulted from the fraudulent actions.

Restitution for emotional distress does not typically apply in cases of fraud. Emotional distress is generally associated with tort claims rather than fraud cases. Likewise, an injunction to stop illegal actions is more of a preventive measure against future wrongdoings than a remedy for past damage. Specific performance of the contract is also not relevant in fraud cases, as it usually pertains to situations where a party seeks to enforce a contract rather than seek remedy for a breach that was caused by fraudulent representations.

Thus, seeking financial compensation for damages directly addresses the economic harm experienced by the defrauded party, making it the most appropriate and relevant choice.