Thursday, September 6, 2012

When to call it a breach: Evan W. Granowitz and contract disputes

This latest Evan W. Granowitz blog will discuss contracts as a binding agreement and when people can say that they have been breached.

Business Dictionary defines contract as a voluntary, deliberate, and legally binding agreement between two or more competent parties. Every contract defines the rights and duties of one party as relative to the other party’s own set of rights and duties. When provisions in the contract are not obeyed, they can be subjected to what is called a breach of contract.


Evan Granowitz. Image Credit: Markcalore.com


AllBusiness.com shares that a breach of contract occurs when a party fails to live up to its responsibilities, which include:
- Failure to perform as promised.
- Making it impossible for the other party to perform as promised.
- Explicitly relaying the intention of not performing.

Evan Granowitz. Image Credit: Whaleniplaw.com

Evan W. Granowitz of Wolf Group L.A. has an extensive background in handling cases of breach of contract. He is one of the youngest and most reputable lawyers in California, and was named a Southern California Rising Star for two years in a row.


When is it breached?

When a provision in the contract is not followed, it doesn’t automatically entail a breach of contract. In determining if a breach occurs, people should take into consideration the damage acquired. If because of the failure to deliver, the party loses revenue or there are money damages (money loss, failure to operate thus leading to loss of profit, and the like), then a case of breach of contract may be brought to court.


Evan Granowitz. Image Credit: Everest.edu

To read more about business dealings and disputes, visit this Evan W. Granowitz blog.

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