Yahoo Canada Web Search

Search results

1. www.investopedia.com › terms › bBreach of Contract Explained: Types and Consequences

   www.investopedia.com › terms › b

   • Cached

   May 6, 2024 · A breach of contract is a violation of any of the agreed-upon terms and conditions of a binding contract. The breach could be anything from a late payment to a more serious violation, such as the ...

   • Author: Will Kenton

2. www.ajmurraylaw.ca › post › legal-remedies-forLegal Remedies for Breach of Contract: Understanding Your Rights

   www.ajmurraylaw.ca › post › legal-remedies-for

   • Cached

   Jan 2, 2024 · Legal Remedies for Breach. When a breach of contract occurs, several legal remedies are available: Damages: The most common remedy, it compensate the aggrieved party for any losses. Restitution: Restoring the injured party to the position they were in before the contract. Specific Performance: Compelling the breaching party to fulfill their ...

3. Videos

   • 

     3:39

     youtube.com

     What is Breach of Contract?

     Mar 18, 2019

     59.4K Views

   • 

     47:53

     youtube.com

     Three Types of Breaches | Contracts | Breach and Repudiation

     Mar 28, 2023

     5.7K Views

   • 

     15:03

     youtube.com

     The law of Obligations: Breach of Contract and Remedies

     Aug 23, 2022

     2.5K Views

   View all

4. www.canadianlawyermag.com › practice-areasWhat happens when you break a contract? | Canadian Lawyer

   www.canadianlawyermag.com › practice-areas

   • Cached

   Mar 31, 2022 · Most of the time, contract breakers will face a lawsuit – at worst. But Canadian law does include a criminal breach of contract, and violators could face up to five years in prison. Section 422 (1) of the Criminal Code makes it an offence to wilfully break a contract, while knowing or having reasonable cause to believe that would probably ...

   • Author: Aidan Macnab

5. www.west-legal.ca › contract-law › what-is-breach-ofBreach of Contract in Canada – West Legal: People First

   www.west-legal.ca › contract-law › what-is-breach-of

   • Cached

   Apr 28, 2020 · In Canada, the most common remedy for breach of contract is a monetary award also known as damages. Courts may also order an equitable remedy called specific performance, where the party in breach may be ordered to fulfill its contractual obligations. In some cases, a Court may order an Injunction against the breaching party, requiring them to ...

6. letranlaw.com › insights › what-is-breach-of-contractWhat is Breach of Contract: Examples, Consequences & Legal ...

   letranlaw.com › insights › what-is-breach-of-contract

   • Cached

   Aug 17, 2023 · Example 2: Non-payment or late payment. Non-payment or late payment is a common way of breaching a contract. For example, suppose you sell goods to a customer on credit, and they agree to pay you within 30 days. However, the customer does not pay or pay you after the deadline.

7. legaldictionary.net › breach-of-contractBreach of Contract - Definition, Meaning, Examples, and Cases

   legaldictionary.net › breach-of-contract

   • Cached

   Dec 1, 2014 · An anticipatory breach of contract enables the non-breaching party to end the contract and sue for breach of contract damages without waiting for the actual breach to occur. For example: Jane agrees to sell her antique sewing machine to Amanda, and the two agree on the purchase price of $1,000, the sale to occur on May 1st.

8. People also ask

   What are the different types of contract breaches?

   • There are different types of contract breaches, including a minor or material breach and an actual or anticipatory breach. A breach of contract is not considered a crime or even tort and rarely results in extra monetary compensation. A breach of contract is when one party breaks the terms of an agreement between two or more parties.

   Breach of Contract Explained: Types and Consequences - Investopedia

   www.investopedia.com/terms/b/breach-of-contract.asp

   See all results for this question

   What happens if a breach of contract is awarded?

   • In any award of damages for breach of contract, the court is likely to order the breaching party to pay the legal fees and expenses of the aggrieved party.

   Breach of Contract - Definition, Meaning, Examples, and Cases

   legaldictionary.net/breach-of-contract/

   See all results for this question

   Who is liable if a contract is breached?

   • The breaching party may be liable for the foreseeable losses that flow from the breach. In cases of a material breach of contract, the non-breaching party may have the right to terminate the contract. Termination releases both parties from their further obligations under the contract.

   What is Breach of Contract: Examples, Consequences & Legal Remedies

   letranlaw.com/insights/what-is-breach-of-contract/

   See all results for this question

   What is a breach of contract?

   • A breach of contract is when one party breaks the terms of an agreement between two or more parties. This includes when an obligation that is stated in the contract is not completed on time—for example, you are late with a rent payment—or when it is not fulfilled at all, such as a tenant vacating their apartment while owing six months’ back rent.

   Breach of Contract Explained: Types and Consequences - Investopedia

   www.investopedia.com/terms/b/breach-of-contract.asp

   See all results for this question

   What happens if a contract is breached in Canada?

   • Whether the suing party suffered actual damage or loss as a result of the breach. What Remedies are Available for Breach of Contract in Canada? In Canada, the most common remedy for breach of contract is a monetary award also known as damages.

   Breach of Contract in Canada – West Legal: People First

   www.west-legal.ca/contract-law/what-is-breach-of-contract/

   See all results for this question

   What are breach of contract damages?

   • They must have been foreseeable at the time the contract was made. These are damages specified within the contract itself, agreed upon by both parties in advance, to be paid in case of a breach. Rare in breach of contract cases, these are awarded to punish the breaching party for particularly egregious behavior.

   Legal Remedies for Breach of Contract: Understanding Your Rights

   www.ajmurraylaw.ca/post/legal-remedies-for-contract-breach-ontario

   See all results for this question

9. www.attorneyatlaw.com › legal_guide › legal-guide-toLegal Guide to Contract Breaches and Remedies

   www.attorneyatlaw.com › legal_guide › legal-guide-to

   • Cached

   Jan 21, 2024 · Types of Contract Breaches. Material Breach: A material breach, sometimes referred to as a fundamental breach, is a severe violation of the contract that strikes at the heart of the agreement's purpose. This type of breach occurs when one party fails to perform a substantial contractual obligation, undermining the contract's fundamental objective.