This may be a costly procedure, which is why it’s essential to hire a solicitor if you’re served with an injunction order as an employee. 2. Compensatory damages The employer has to present an itemized report of financial damages being made due to the breach of contract. Depending on th...
This post covers everything you need to know about contractual disputes, from what they are through to how to avoid them, and what happens if you can’t. Let’s dive in. What is a contractual dispute? A contractual dispute isa disagreement between parties to a contract about the performance...
What happens if a contract is breached? Breach of contract can lead to legal remedies such as damages, specific performance, or termination of the contract. 7 What is the significance of an appointment in professional settings? It ensures time is allocated for specific discussions or decisions, ...
What happens if you can’t fulfil your contractual obligations? If you’re unable to fulfil your contractual obligations, it’s possible that the counterparty will attempt to sue you for breach of contract. That is, unless the parties can reach a mutual decision to release you from the contra...
An NDA or “non-disclosure agreement”is a relatively standard legal contract. The individual who signs the NDA agrees not to publicly disclose certain information about an individual, employer, or other entity. But what happens if you break a non-disclosure agreement? There can be some severe ...
Parties frequently accuse one another of misrepresentation with respect to these considerations. When that happens, these disagreements require some form of arbitration or adjudication. Those disagreements can lead to an accusation of a “breach of contract.” ...
Delayed performance: Even if a party eventually performs, if they do so after the agreed-upon deadline, it could still be considered a breach unless the contract allows for some degree of flexibility or provides for remedies in case of delays. Anticipatory breach: This occurs when one party ...
What happens if you break an NDA? The repercussions for breaking an NDA are outlined in the contract. Usually, the other party will sue the party that breaks the agreement. Depending on the relationship of the parties and the terms of the agreement, that lawsuit may result in a monetary fi...
1 breach point Your view of available jobs will be limited for a period of three (3) days Any jobs previously scheduled during this time may be canceled If you do not receive any additional breach points, your view of jobs will no longer be limited after three (3) days ...
Simple in theory, breach of contract is a concept that can seem almost infinitely complex in reality — the source ofunending lawsuitsand the basis for an entiresubset of contract law. But what is breach of contract, exactly, and why is it an increasingly important part of basic business str...