Which of the following terms is used to denote compensation provided for breach of contract?

The term that denotes compensation provided for breach of contract is "damages." In legal contexts, damages refer specifically to the monetary compensation awarded to a party as a remedy for loss or injury caused by another party's failure to fulfill their contractual obligations. Essentially, when a contract is breached, the injured party may seek damages to cover the losses that occurred as a result of that breach. This can include direct losses as well as consequential losses that are a foreseeable result of the breach.

The other terms, while related to legal remedies, do not specifically denote compensation for breach of contract. For instance, "quantum meruit" refers to a claim for payment for services rendered when a contract does not exist or is unenforceable, focusing more on the value of the work performed rather than addressing breach directly. "Specific performance" is an equitable remedy that requires a party to fulfill the terms of the contract rather than providing monetary compensation. An "injunction" is a court order that compels a party to do or refrain from specific actions, typically used to prevent harm rather than to compensate for loss. Thus, "damages" is accurately recognized as the term specifically associated with compensation for breach of contract.