Breach of Contract and Remedies:
When a party fails to fulfill its obligations as stated in a contract, it is considered a breach of contract. In such cases, the aggrieved party has the right to seek remedies to compensate for the losses suffered due to the breach. The following remedies are available to the aggrieved party:

Suit for recession:
- Recession refers to the cancellation or termination of the contract.
- The aggrieved party can file a suit for recession to end the contract and restore the parties to their pre-contractual positions.
- This remedy is typically sought when there has been a fundamental breach of contract or if the contract is voidable.

Suit for damages:
- Damages refer to the monetary compensation awarded to the aggrieved party to cover the losses suffered as a result of the breach.
- The aggrieved party can file a suit for damages to recover the actual loss suffered, which may include direct and indirect losses.
- The purpose of awarding damages is to place the aggrieved party in the same financial position they would have been in if the contract had been performed.

Suit for specific performance:
- Specific performance is a remedy where the court orders the breaching party to fulfill their contractual obligations as originally agreed.
- It is typically sought when the subject matter of the contract is unique or when monetary compensation is not an adequate remedy.
- Specific performance is commonly sought in contracts involving real estate, artwork, or other unique items.

Availability of all remedies:
The correct answer to the question is option 'D' - all of the above.
- This means that in case of a breach of contract, the aggrieved party has the option to seek any or all of the remedies mentioned above.
- The choice of remedy depends on the nature of the breach, the type of contract, and the specific circumstances of the case.
- The aggrieved party can choose the most appropriate remedy or a combination of remedies to address the breach and seek appropriate relief.

In conclusion, when a breach of contract occurs, the aggrieved party has various remedies available to them, including suits for recession, damages, and specific performance. The choice of remedy depends on the specific circumstances of the case and the desired outcome of the aggrieved party.