What is a Breach of Contract?A contract is breached when one party does not fulfill its obligations under the contract. This can happen for a number of reasons, such as if the other party was unable to perform their duties or if they simply refused to do so. If you are dealing with a breach of contract, the first thing you should do is try to resolve the issue with the other party involved. If that is not possible, then you will need to seek legal help.
How Can You Tell if a Contract Has Been Breached?Contract disputes are tricky and sensitive processes. Because of this, many business owners are hesitant to look too far into the process, as are tenants, property owners, employees, and many others subject to contracts. Many people are not sure of their rights regarding contracts. How do you tell if you are dealing with a breach of contract? Here are a couple of common things to look for in these cases:
- One party is not holding up their end of the bargain. This could be because they are unable to perform their duties or because they refuse to do so.
- The contract has been violated in some way. Maybe one party did not fulfill their obligations or they breached the contract in another way.
- You and the other party have different understandings of what was agreed to. This can happen when the contract is verbal or when it’s written but unclear.
- There has been a change in circumstances that makes it impossible or impractical for one party to fulfill their obligations. This could be because of a natural disaster, economic downturn, or other events.