Contractual Rights

Contractual rights are legal entitlements that arise from an agreement between two or more parties. When individuals or businesses enter into a contract, they agree to specific terms and conditions, and each party has the right to expect those terms to be fulfilled. These rights can include the ability to receive payment, demand performance, or seek remedies if the other party fails to comply. Essentially, contractual rights ensure that agreements are honored and provide a framework for legal recourse if disputes arise. They are fundamental to maintaining trust and accountability in personal and professional relationships.