Legal remedies are solutions provided by the law to address a violation of rights or a breach of contract. They aim to restore the injured party to their original position or compensate them for losses. Common types of legal remedies include monetary damages, specific performance, and injunctions. Monetary damages involve financial compensation for losses suffered, while specific performance requires a party to fulfill their contractual obligations. Injunctions are court orders that prevent a party from taking certain actions. These remedies help ensure justice and accountability in legal disputes.