You can sue somebody for not upholding their end of the bargain if you have a contract with them. However, we advise that you get professional legal counsel from an expert in contractual law before taking this route. What Is a Breach of Contract? A contract is an agreement that provides for certain legal obligations and duties that both parties are legally bound to follow.
When your company enters into a contract with another party—a customer, client, or vendor, for example—both you and the other party are obligated to fulfill the provisions of that agreement. If either party fails to fulfill any of the conditions in the contract, a breach of contract has occurred. What’s the Next Step After a Contract Breach? So, after a contract has been breached, what