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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
When one or more parties do not follow the terms of a contract without reason a ____ occurs.
A
cancellation
B
breach of contract
C
damaged contract
D
broken agreement
Explanation: 

Detailed explanation-1: -A breach of contract occurs when one party in a binding agreement fails to deliver according to the terms of the agreement. A breach of contract can happen in both a written contract and an oral contract. The parties involved in a breach of contract may resolve the issue among themselves or in a court of law.

Detailed explanation-2: -Generally speaking, there are four types of contract breaches: anticipatory, actual, minor and material.

Detailed explanation-3: -SWAT cops usually have four types of breaching options at their disposal: mechanical, ballistic, thermal and explosive. Each of these styles has their own advantages and disadvantages.

Detailed explanation-4: -An anticipatory breach occurs when a party demonstrates its intention to break a contract. However, vocal or written confirmation is not required, and failure to perform any obligation in a timely matter can result in a breach.

There is 1 question to complete.