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What is “breaching” a contract?

breaching contract
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What is “breaching” a contract?

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In the business world, disputes can arise over contracts, and one party or both may accuse the other of breaking his or her obligations under the agreement. In legal terms, a party’s failure to fulfill an end of the bargain under a contract is known as “breaching” the contract. When a breach of contract happens, or at least when a breach is alleged, one or both of the parties may wish to have the contract “enforced” on its terms, or may try to recover for any financial harm caused by the alleged breach.

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