What is a breach of contract?

A breach of contract is when a party to a legally-binding agreement fails to fulfill their obligations as stated in the contract. In Arizona, a breach of contract can occur in a variety of ways. Some of the most common breaches of contract include failing to provide goods or services as stated in the contract, failing to pay for goods or services, or providing goods or services that are of lower quality than specified in the contract. A breach of contract can result in legal consequences for the breaching party, with the other party having the right to take legal action against them. Depending on the nature of the breach, it could result in a court awarding monetary damages to the other party, or it could result in a court canceling the contract and voiding any further obligations. The best way to avoid a breach of contract is for both parties to read the contract thoroughly before signing it, and to understand that once the contract is signed, both parties are obligated to fulfill their obligations as stated in the contract or face legal ramifications.

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