![]() However, in certain situations, stopping performance immediately may be necessary. Materiality is determined long after the fact, so the best practice is often to fulfill your duties completely under the contract, while mitigating your damages. Many people think that once the agreement has been breached by the other party, they can stop performance under the contract. It can be difficult to know what to do if another party has breached the terms of your agreement. ![]() Business litigation attorneys can help if your contract has been breached In reality, only a material breach warrants recovery by one party from the other. A common misconception in contractually based lawsuits is that a minor or non-material breach automatically makes one party financially responsible to the other. However, not all breaches of contract are quite that significant, and therefore, are not treated as such by the courts. Some breaches of contract can completely derail a project or financially ruin a business. Delivering the wrong goods or damaged goods.Failing to deliver goods on time or at all.In some cases, a party may end up breaching the terms of a contract by: ![]() ![]() However, business entities should be aware that it is very possible that one or both parties may end up breaching the terms of the contract. In Ohio, business entities enter contracts for a variety of reasons, but generally, the expectation is that both parties will adhere to the terms of the agreement. ![]()
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