Question

What is breach of contract? Explain the remedies available to an aggrieved party on the breach of contract.

Answer 1

Answer: a breach of contract is when a party goes against the agreed upon terms

Explanation: there is a couple solutions, firstly we can find out why said party went against the agreed upon terms to see if there is anything unfair about the contract. But why would they sign the contract if it was unfair?, So secondly the party that was wronged can receive compensation from the party that committed the offense. And lastly we can renew the contract because maybe things changed and the contract doesn't benefit both of the parties anymore