Contract Disputes
When it comes to doing business, contracts are essential. In an ideal situation, both sides would benefit from the contract, and no disputes would arise. However, certain unexpected issues can prevent a party from performing the promises dictated in the contract or fulfilling its obligations. As a result, a party can find itself in breach of contract. If you are in breach of contract, you may be unsure of what to do. At Flowers Law Group, P.C., our experienced attorneys will review your case and determine the best course of action.
What Happens If You Are In Breach of Contract?
The term “breach” is synonymous with a break. A breach of contract can be defined as the failure of one or both parties to fulfill the terms of an agreement without a lawful, justifiable excuse. Breaching a contract can result in costly consequences, so you may not know what to do if you find yourself in a breach of contract. It’s essential to consult with an experienced lawyer to review your options and guide you through the process. There are several possible legal defenses to a breach of contract action, including:- Statute of frauds – Some contracts are required to be in writing. If a contract is not put in writing when it is supposed to be, the court may decide that the contract is not enforceable against you.
- Indefinite – A contract’s terms must be clear or definite; otherwise, it may not be enforceable. If you believe that some of the essential terms of a contract are unclear, you can argue that the contract is too indefinite.
- Lack of capacity – Both parties involved in the contract must have the capacity to agree to the contract. If you were not legally capable of agreeing to a contract, you could argue that you lacked capacity.
- Duress – Both parties involved must willingly agree to enter into a contract. If you were not willing to make an agreement, you could argue that you entered into the contract under duress.