Contracts are an essential part of any business transaction. They are binding agreements that define the terms and conditions of a business deal. When a contract is breached, it can have a significant impact on the parties involved. A demand letter is a formal notice that can be sent to the breaching party, demanding that they fulfill their obligations under the contract. This article will guide how to send a demand letter if a business contract gets breached. What is Breach of Contract? There are several ways in which a company can breach a contract. Here are some common examples:… ( Read Full Article… )
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