The contract is nothing more than a legally enforceable agreement between two parties. Each of them offers a guarantee to fulfill a duty or pay a certain amount. If one of them does not comply with the agreed duty or payment, the other party is free to obtain legal redress for it. The Agreement can be oral or written.

Oral vs. Written: In general, both oral and written arrangements are required by law. It is always recommended and safe for both parties to get the terms in writing so that they are not forgotten.

What is a breach of contract? The breach of the contract is nothing more than the breach of one of the parties in the following agreed terms. It can be violated in the following ways:

1. One of them does not fulfill the assigned duty or make the promised payments.

2. One of them acts in such a way that the other cannot adequately perform the agreed functions.

3. One of them clarifies that he does not intend to perform the functions.

Damages:

When one of them has not complied with the terms, the other party is entitled to different remedies for the same. One of them is to request compensation for damages, which is nothing more than monetary compensation for the losses and expenses that have been generated by non-compliance. This compensation for damages may include the following:

1. Consequential Damages: Under this method, the offending party must pay the other party an amount that can put the party in the same position if the terms continue without breach.

2. Punitive damages: In this category, the court of law can punish the offending party for making a determined payment for the damages.

3. Liquidated damages: Under this type, at the time of entering into a contract, both agree that if any of them defaults, a specific sum must be paid and it is also entered in writing in the contract papers. .

4. Nominal damages: Under this method, a minimum money will be provided to the person who does not violate, if he had won the case, but does not obtain any financial loss.

If you have entered into a commercial agreement and find that the other party should be sued for breach of contract for not complying with the agreed terms, you can contact the lawyer specialized in this area.