A contract, in its most basic form, is an agreement between two or more persons in which there is a promise to do something in return for value. Some contracts must be in writing, while other contracts can be formed orally. People and entities are generally free to agree to many kinds of contracts, as long as the contract is not prohibited by law and does not violate public policy. Common examples of contracts include: employment agreements, purchase agreements, business agreements, insurance agreements, warranties and promissory notes.
A breach of contract occurs when one party to a contract fails to perform the terms of the contract. The most common remedy for breach of contract is damages, but courts may also order the breaching party to “perform” the contract, i.e., to fulfill its obligations under the contract. Contract disputes, however, are rarely clear-cut. Some questions that may arise in a contract dispute include:
The breach of contract lawyers at Schleifman Law can help you consider these and many other issues that arise in a contract dispute. We have over 30 years of experience drafting contracts and litigating contract disputes, and are admitted to practice in state and federal courts in Maryland, Virginia, DC and New York.
If you have questions for a breach of contract lawyer or want to understand the legal and practical implications of a potential contract dispute, call us for a free consultation today.
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