Understanding Civil Causes of Action - Breach of Contract: Your Rights and Remedies
Definition & meaning
A breach of contract occurs when one party fails to fulfill their obligations as outlined in a legally binding agreement. This failure can take the form of a single incident or a series of ongoing violations. In legal terms, a breach represents a broken promise to perform a specific act or refrain from doing something. The injured party may seek remedies through a civil lawsuit to restore them to the position they would have been in had the breach not occurred. It's important to note that these remedies are intended to compensate the injured party rather than punish the breaching party.
Legal use & context
Breach of contract is primarily used in civil law. It encompasses various types of agreements, including business contracts, employment agreements, and real estate transactions. Individuals can manage certain aspects of breach of contract claims themselves, especially with the help of legal templates available through services like US Legal Forms. These templates can simplify the process of filing a lawsuit or responding to a breach.
Real-world examples
Here are a couple of examples of abatement:
Example 1: A homeowner hires a contractor to renovate their kitchen. If the contractor fails to complete the work as promised, the homeowner may file a lawsuit for breach of contract to recover costs associated with hiring another contractor.
Example 2: A supplier agrees to deliver goods by a certain date but fails to do so. The buyer may seek damages for any losses incurred due to the delay. (hypothetical example)