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January 05, 2016

What is a Breach of Contract?

Category: Breach of Contract, Civil Lawsuits, Uncategorized | Tags: ,

Posted by | In a perfect world, when individuals and businesses enter into formal agreements, both parties would keep their promises and receive the desired outcome. However, in the real world people don't always fulfill their contracts or agreements. Sometimes delays or financial problems occur, among a variety of other unexpected problems. When problems occur that prevent a party from fulfilling their contract, it is known as a "breach of contract." The failure to complete any part of a contract without a legal excuse results in a breach of contract. A breach of contract can include the failure to complete a job, deliver goods, or pay the agreed amount of money on time.

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