Do I Need A Contract Disputes Lawyer For A Breach Of Contract?
In most cases, a contract is a legally binding agreement that you cannot rescind once it is signed. Some contracts include clauses that allow the parties to cancel the contract; however, the parties must take specific steps to legally cancel the contract without repercussions. If the parties fail to take the proper steps or the contract does not provide a way to legally cancel the contract, failing to perform is considered a breach of contract.
In our day-to-day lives, individuals deal with contracts every day from cell phone contracts and lease agreements to purchase agreements, and employment contracts. Contracts are a part of doing business for many people and companies. For complex legal matters, contracts provide a way for the parties to set forth the details of the agreement so that all parties have a clear understanding of what is expected. Contracts also reduce the chance of misunderstandings between parties regarding the details of a transaction.
What is a Contract?
In order to have a breach of contract, you must first have a valid contract. If the court finds that your contract is not valid, the terms of the contract will be unenforceable. Therefore, it is extremely important that you consult a contract disputes lawyer before entering a contract to ensure the contract is valid and enforceable.
A contract creates a legal obligation between the parties. In order for a contract to be enforceable, the…