Understand Breach Of Contract Or Agreement
| A breach of contract is defined as a legal term which includes a binding agreement by one or more parties in the contract; and one or more parties do not perform as per the contract or interfere with the other party’s performance.
A contract is an agreement and when the agreement is broken, then there would be a breach of contract or agreement.More...
Breach Of Contract And Fiduciary Duty Judgments
Breach of contract and fiduciary duty judgments are two different definitions if viewed individually. A fiduciary duty can be defined as an obligation that makes one party act on behalf of the other or in the interest of the other party. For example, in a corporate business the fiduciary duty of a trustee is to act in the best interest of the trustees and the stakeholders of the company; and the attorney’s fiduciary duty would be to act in the interest of the client.More...
Breach Of Contract With A Loan
A contract is a legal paper that involves two parties and in which both the parties have a legal obligation to abide by the terms stipulated in the contract. If any one of the party fails to meet the terms of the contract, then it is called the breach of contract.
A breach of contract situation arises legally only when the bereaved party decides to take a legal action against the other party. A loan is an amount borrowed by the borrower for a purchase of a house, vehicle, personal use or on credit card. Any amount that is repayable on legal terms is termed as a loan. When a person fails to pay the owed amount to the lender, a breach of contract with a loan arises. More...
Breach Of Contract Cases In Auto Purchase
The breach of contract is a legal term or a legal obligation between two parties where one of the parties has not honored the legal commitment causing a breach of contract. It can be cause due to the non performance of either party or due to the interference of one party in the other party’s affairs. There are several gradations of a breach like a minor breach to a severe breach.
It can be cause due to the non performance of either party or due to the interference of one party in the other party’s affairs. There are several gradations of a breach like a minor breach to a severe breach.More...
Breach Of Contract In Alarm Failure Cases
Breach of contract can take place under any circumstances but usually it occurs when two parties sign an agreement and one party does not keep to his side of the bargain. Even when purchasing something as simple as an alarm can have breach of contract.
Even when purchasing something as simple as an alarm can have breach of contract. When a customer is unhappy with their alarm system they should find a valid reason to cancel the contract otherwise it would be termed as a breach of contract by the company.More...