The first step in resolving a contract dispute is to notify the party in breach of the contract and give them the opportunity to resolve it. An experienced attorney, like those at Churchill, Quinn, Richtman & Hamilton, can help determine what type of damages you would likely receive. If the breach was particularly heinous, a judge could award punitive damages, an additional monetary sum meant to punish the offender. A court could also force the breaching party to complete the service or deliver the goods that were promised in the contract. Typically, the amount of monetary damages awarded is the amount that it would take to make the aggrieved party whole, such as the actual value of the goods or services that were supposed to be provided. Failure to perform a nonessential condition of a contract would be considered minor, while more significant damages can be awarded for substantial violations, including the right to terminate the contract. Types of BreachesĪ breach of contract can be classified in several different ways and damages would be based on the severity of the breach. The remaining parties must then decide whether to accept it and move on or bring legal action to find a resolution. A breach of contract occurs when one party does not fulfill their obligation according to the terms of the contract. When two or more parties have entered into a contract, each party promises to perform a certain duty or pay a certain amount. However, this does not always guarantee a favorable end result, as there are a number of ways that a breach of contract may occur.

When entering into a transaction with another party for goods or services, it is always in the best interest of both parties to execute a signed contract, detailing the terms of the agreement.

Breach of contract