{"id":4384,"date":"2016-04-04T10:47:30","date_gmt":"2016-04-04T15:47:30","guid":{"rendered":"https:\/\/content.findlaw-admin.com\/ability-law\/smallbusiness\/business-contracts-forms\/what-is-the-most-common-legal-remedy-for-breach-of-contract.html"},"modified":"2024-06-06T01:21:18","modified_gmt":"2024-06-06T06:21:18","slug":"what-is-the-most-common-legal-remedy-for-breach-of-contract","status":"publish","type":"page","link":"https:\/\/www.findlaw.com\/smallbusiness\/business-contracts-forms\/what-is-the-most-common-legal-remedy-for-breach-of-contract.html","title":{"rendered":"What Is the Most Common Legal Remedy for a Breach of Contract?"},"content":{"rendered":"\n
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What Is the Most Common Legal Remedy for a Breach of Contract?<\/h1>\n
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\n By Lisa Burden, J.D.<\/a> | Legally reviewed by Aviana Cooper, Esq.<\/a>\n | Last updated\n
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Editorial Note: We earn a commission from affiliate partner links on FindLaw. Commissions do not affect the editorial integrity of our legal content.<\/p>\n\n <\/div>\n \n

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The last updated date refers to the last time this article was reviewed by FindLaw or one of our contributing authors<\/a>. We make every effort to keep our articles updated. For information regarding a specific legal issue affecting you, please contact an attorney in your area<\/a>.<\/em><\/p>\n\n <\/div>\n <\/details>\n<\/section>\n

Contracts are a favorite tool of business owners everywhere. Business contracts lend assurance and definition to transactions. But what happens when someone doesn’t do what they said they would in a contract<\/a>? In the legal world, this is a "breach<\/a>," and there are several remedies for this situation.<\/p>\r\n

For more information, see FindLaw’s section on Contract Law<\/a>.<\/p>\r\n

What Is Breach of Contract?<\/h2>\r\n

A contract is breached when a party fails to act in good faith or does not fulfill their obligations under the agreement. There are several types of contract breaches:<\/p>\r\n