This article is relevant to AQA A-level Paper 3A, OCR A-level Component 3, WJEC A-level Units 3 and 4, and Eduqas Components 2 and 3.
Abreach of contract refers to situations where promises have been broken due to non-performance, defective performance and/or late performance. A party may give notice in advance that they cannot fulfil their contractual obligations (anticipatory breach) or, alternatively, there could be an actual breach that occurs during the performance itself. A remedy is the response made to put right any loss suffered due to a party’s breach of contract, such as monetary compensation in the form of damages.
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