WHAT IS THE MEAN OF BREACH OF CONTRACT

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WHAT IS THE MEAN OF BREACH OF CONTRACT

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drsharma9256 30th Jan, 2024

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Rishitha 6th Feb, 2024

A breach of contract refers to the failure of one party to fulfill its responsibilities under the terms of a contract, that leads to legal consequences and potential remedies for the non breaching party. In simple terms, it's when one party doesn't do what they promised to do in a contract.

A breach of contract can take various forms, including:

Material Breach
Minor Breach
Anticipatory Breach
Actual Breach.

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