The importance of knowing the Anglo-American contract law, which is part of the common law family, is determined by the fact that the common law is shared, besides England and the USA, by a great number of national juridical systems of many countries on all the continents. Also, a number of international conventions in the field of international trade were elaborated by taking into consideration the concepts of the common law. In the present article we have considered the remedies offered by the common law in case of non-execution or inappropriate execution of the contract. Some of those remedies are of judicial nature, such as the action for specific performance, the action for damages, the other ones are self-help remedies, such as the actions by which the party damaged through the non-execution or the inappropriate execution of the agreement may “remedy” itself the situation.