When The Terms Of A Contract Are Broken
Contracts are meant to be a binding agreement, but when one of the parties does not honor that agreement, you can be impacted greatly by the results. Not only do these broken promises affect the fulfillment of the agreement in the contract, they can also hurt your finances and your ability to do business.
If the terms of your contract haven’t been followed, you could be eligible for compensation. The attorneys at Gilmer Crone PLLC can assist you with a wide variety of business law concerns including breach of contract. Dedicated to bringing Tennessee values to their work, they will use their depth of legal knowledge and focus on fulfilling your needs to ensure that you and your business are protected.
Types Of Contract Breaches
Not all breaches of contract are weighed equally by the law. Most contract violations are considered either material or immaterial breaches.
Material breach of contract involves a breaking of the specific wording of the contract. This can involve, for example, failure to deliver what is promised by the firm deadline specified in the contract or the delivery of a nonfunctional product instead of a functioning product. These breaches of contract are considered more severe.
Immaterial breach of contract is a failure to perform a less important part of the contract. This is still a breach of contract, but it doesn’t result in any damages to the other party. One example could be completing a task 30 minutes later than expected when a deadline was not firm in the contract.
These contract breaches aren’t necessarily clear, however, and working with a lawyer could help you highlight the damage done by the breach of contract. Your attorney, for example, could help you show that a slight delay in product delivery that may have seemed immaterial actually did great damage to your business.
Protecting You From Broken Promises
If your contract has not been honored, we can help. Contact Gilmer Crone PLLC at (901) 609-7500 or through our online contact form.