A contract is an agreement offered by one party and accepted by another. Contracts are almost always written documents in Oklahoma, but it is not impossible to have an exclusively oral contract. Breach of Contract is when a contract is not fulfilled by one or more parties. In the course of business, a party might choose not to live up to its bargain, and in some situations it may even be impossible to do so. The consequences for a breach of contract are decided by the circumstances. Often, the party at fault will pay the other for the loss caused by the breach.

What If Someone Fails to Honor Their End of the Contract in Miami

Breaches of contract in Miami are typically handled by the party who breached paying the other party monetary damages. The exact amount of damage awards, however, is often a matter of disagreement. If this disagreement cannot be resolved, the matter may be taken to court. Courts usually require you to plead the amount of damages you suffered in the initial complaint.

What If I Can

Occassionally a monetary award will not help, and in such cases courts in Miami, Oklahoma might grant injunctions that require the party at fault to perform its obligations. You should consider whether this kind of remedy suits your situation, and if it does, the concern must be plead properly to the court so that it can consider the question. Breaches of contract do not always indicate wrong doing. Therefore, courts do not only consider whether a breach of contract truly occurred; how and why the obligation went unfulfilled are also factors in Oklahoma law.

How Can an Attorney Help?

If intending to breach a contract, a party must proceed cautiously in letting the other party know. Statements of intent to breach a contract may be taken as wrong doing if they are voiced improperly. It is important to be aware of how Oklahoma law may impact your case when fulfilling a contract becomes unrealistic. Miami, Oklahoma Disputes in contract law can involve complex questions of timing, and so you should consult an lawyer as soon as you suspect that a contract has been violated. Lawyers specializing in contractual breach in the Miami, Oklahoma area may advise you about how best to proceed.