Contracts could be written, oral, or implied through conduct. A breach occurs when a party fails to perform its obligations.
When a party breaches the contract, the ‘innocent party’ could choose to:
a) Terminate the contract; or
b) Accept the breach, and continue with the contract; or
c) Not accept the breach, but still continue with the contract.
Each pathway has its own pros and cons that require careful considerations.
Regardless of your status as a breaching party, or innocent party, it is paramount for you to be familiar with your rights and liabilities in order to strategically place yourself in a position that offers optimal legal protection.
Speak to Brightstone Legal, our professional civil lawyers team will provide assistance. With our rich experience and professional capabilities, we will provide you with accurate, clear and appropriate solutions to ensure your interests.
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