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Breach of Contract Claims
October 27, 2023
Business contracts form the backbone of operations, setting out the terms and obligations between parties. However, breaches of these agreements can lead to complex legal challenges.
A breach of contract occurs when a party fails to fulfill its contractual obligations, whether through action or inaction. This can range from not delivering goods or services to failing to pay on time.
In Florida, where business operations are as diverse as the state itself, understanding these breaches becomes crucial for companies to protect their interests. Consulting business litigation lawyers in Palm Harbor, FL can help you clearly understand the complexities of breach of contract claims in Florida.
Breach of Contract Elements
To establish a breach of contract, certain elements must be proven. Firstly, the existence of a valid contract is paramount. This is followed by the demonstration that a breach occurred and that the non-breaching party fulfilled their contractual obligations. Finally, proving that the breach caused damages is critical.
Contracts, the fundamental agreements upon which business transactions hinge, come in several forms, each with its own characteristics and implications: written, oral, implied, and expressed contracts.
Common causes of breach of contract claims include:
- Failure to Perform: This is perhaps the most straightforward cause, where one party simply does not do what they agreed to in the contract.
- Quality of Work or Goods: If the delivered service or product does not meet the agreed-upon standards or specifications, it can lead to a breach claim.
- Non-Payment: Failure to pay for goods or services as per the contract terms is a common cause of breaches.
- Missed Deadlines: Time-sensitive agreements are particularly susceptible to breaches when deadlines are missed.
- Financial Insolvency: If a party becomes financially incapable of fulfilling the contract, it can result in a breach.
In addressing breach of contract claims, our goal at Robert Eckard & Associates, P.A. is always to resolve the dispute in a manner that protects the client’s interests and upholds the sanctity of contractual agreements. Contact us today for a consultation and ensure your business interests are safeguarded.