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Creative Solutions for Complex Legal Issues

Posts tagged "material breach"

Remedies available when a contract is breached

Unfortunately, as most California business owners are aware, contracts are often breached in the course of engaging in transactions. When a breach occurs, it may be an immaterial one, which means it can easily be corrected, or a material one, which means it is so severe that the very terms of the contract have been violated. There are remedies available for either type of breach.

Understanding the basic requirements of a valid business contract

California business owners may be interested in a refresher of some contract law basics. Failing to meet certain requirements when signing contracts could lead to them being found unenforceable. For business owners and entrepreneurs, signing business contracts can be a daily occurrence. Contract disputes can arise when the other party fails to hold up their end of the bargain. In those cases, it can be helpful to go back to basics and understand what makes a contract valid under the law. In order for a contract to be binding and enforceable on the parties, certain elements must be contained therein.

Creative Solutions for Complex Legal Issues

Contact Henry B. LaTorraca

400 Oceangate
Suite 700
Long Beach, CA 90802-4306

Phone: 562-216-2942
Fax: 562-216-2943
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