In the growing world of business in Australia, millions of contracts are made daily, either orally or through written agreements. Written agreements can be a perfect way to expand your company or business and can reap many profits in the long run. However, terms and conditions that are not fulfilled by another party can become a disaster for you, and you can end up losing much money.
Breaches of contracts are common, and that is the reason you need to stay prepared.
What is a Breach of Contract?
If you and the other party/parties have made a contract and they do not hold up their end of the deal, then it a breach of contract. Since a contract is a legal agreement, whether made orally or in writing, it can lead to legal consequences.
However, before you press charges on anyone, you must be sure you made the contract. For that, you must keep in mind these four things—offer, consideration, acceptance, and mutual understanding.
A discussion must take place between you and the other party about getting into a contract. If that party considers your offer and accepts the agreement and all the related terms, conditions, rules, and regulations that come with it, then you have officially agreed with each other.
Different breaches of contract in Australian Law
The different contract breaches are:
A material breach is a breach in which the non-breaching party is exempt from performing the terms of the contract, giving them the right to sue for damages.
A minor breach takes place when one party meets the essential obligations of the contract but does not meet one or a few minor conditions. Alternatively, it is also called a partial breach.
This breach is the most common one amongst all. It takes place when one party violates the terms of the contract at the actual time and do not perform their contractual obligations.
This breach takes place when one party commits to a violation before fulfilling the obligations of the contract. In such a case, the non-breaching party may consider the contract to be breached and take legal action.
What to do when a breach of contract takes place?
A breach of contract can take place at any time and can cause grave financial losses to you or your organisation. Sometimes, the other party may commit a breach of contract and keep it hidden, which is more dangerous for you. Overwhelming and unstable situations like these can crush you, and the case may get out of your control.
Why do I need a Breach of Contract Lawyer?
Hiring a Breach of Contract lawyer is the best way to go forward if a breach of contract takes place. We provide you with the best breach of contract lawyers in Melbourne for all your business problems. Our firm is trustworthy, has a good track record, and we take every case to win.
Our business lawyers are well-educated and have full understanding and experience with every kind of business-related problems. All know them for understanding, assessing, and providing a feasible solution to your contract breach impediments.
It would help if you had someone proactive and can give you a real insight into what difficulties you might face regarding breaches of contracts. We also make sure we are continuously in touch with our clients and aid them whenever required immediately.
We take our cases seriously and do our best to make sure we settle the matter before going to the court.
We assure you, we will give you our very best.
If you are one of the parties breached in a contract, then figure out what legal remedies are the best for you.
Call us today and get quick solutions to your contract breach issues by hiring our best breach of contract lawyers in Melbourne.