contract breach

A contract breach occurs when one party fails to fulfill their obligations as agreed upon in a contract. This can include doing something they promised not to do, failing to do something they agreed to, or not completing their part of the deal on time. When a breach happens, the affected party may be entitled to legal remedies, such as compensation or specific performance, depending on the situation. Essentially, it’s a failure to stick to the terms of an agreement, which can disrupt the expectations and arrangements between the parties involved.