We, humans, are the most opportunist creatures created by god. We very willfully to satisfy our needs we engage ourselves into agreements. When our demands or obligation is met we don't think twice to breach a contract. If you happen to be the aggrieved party you have reached a correct destination. Let me take you through the nitty-gritty of lawsuit in this article.

What is a Breach of Contract?

A breach of contract is an action caused when a disagreement arises for not honouring a contract. It occurs when a party is unable to fulfil the obligation that is described in the contact.

Then a legal notice is sent to the party who has breached the contract stating their non-performance. In such situations when one party without any failure sends a legal notice to the other about not meeting up the contract.

Types Of Breach Of Contract

1. Minor Breach: Where is gives the right to the party to partially sue for the damage and not excuse them. (e.g during quality check everything is okay but the packaging is not they can raise an issue regarding the same)

2. Material Breach: Where a substantial breach is raised due to changes in the major or significant terms of the contact. (e.g if a party fails to leave up with the quality of the material on such occasions an issue can be raised)

3. Anticipatory Breach: When a party doest fulfil their part of the job decided during the agreement of the contact. Then the innocent party with the aid of anticipatory breach can terminate the contract by suing them for damages caused. (e.g during quality check if the accused party is found guilty and denies to rectify they are liable for the damages)

4. Actual Breach: When either the party doesn't fulfil the obligations related to the agreement is called an actual breach of contract. Such breaches occur when the promiser fails to meet the contractual deadlines. (e.g.during payment if a party refuses to acknowledge the cash)

What are the Remedies of Breach of Contract?

• Claim for Compensation- The monetary relief should be claimed during any types of damage related to material, the quality which comes under the breach of contract. Which comes under the compensatory, punitive, nominal, or liquidated damages.

• Particular Operation -While the loss is not directly addressed or compensated then the innocent party can seek judicial remedies when the breaching party fails to perform according to the contract.

What are the Consequences of a Breach of Contract?

• Compensation for Damage
• Reduction of the Contract Price
• Replacements of Goods
• Re-execution of work
• Interest for delay

How to send a Legal Notice for Breach Of Contract?

When a party fails to fulfil the requirements of the contact which leads to the breach of a contract. The innocent party can seek the aid of a legal expert can plan to send a legal notice to the accused party. Also informing the person about the lawsuit if the payment is not done.

• It should be sent on a lawyer's letterhead.
• The date is very mandatory in a legal notice it should also clearly mention the name, address and contact details of the person to for whom(here accused party) it is released.
• Name of the client(here innocent party) with address, contact details should also be mentioned in the legal notice.
• The innocent party should state out the grievances and stating prooves on how you are being infringed due to certain action by the accused party. Also, stating the monetary relief.
• A notice must be thoroughly checked before signing by the advocate and the sender.

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