
Contractual Claims
Contractual claims arise when one party believes another has failed to meet the terms outlined in a contract. This could involve not delivering goods, providing subpar services, or failing to make payments. To pursue a contractual claim, the affected party often seeks compensation or a resolution, such as enforcing the contract or obtaining damages. These claims are usually addressed through negotiation, mediation, or legal action, depending on the situation. Essentially, a contractual claim is a formal way to seek accountability when an agreement isn't honored as expected.