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What are my rights and obligations as a party in a contract dispute?

As a party in a contract dispute, you have certain rights and obligations that are defined by the law of your jurisdiction. Generally speaking, as a party to a dispute, you have the right to bring legal action against another party or parties with whom you are in disagreement over the terms of an agreed upon contract. You may also be entitled to seek damages for any breach of contract committed by those parties. Your obligation is to abide by the terms outlined in the agreement that created the contractual relationship between yourself and other parties involved in your dispute. This includes seeking remedies provided for under applicable laws when other parties fail to fulfill their part of an agreement. If there has been no breach of contract on either side, then both sides must act according to good faith principles specified under applicable law and attempt resolution through discussions or alternative methods such as arbitration or mediation before taking legal action against each other. It is important to note that different jurisdictions may provide additional rights or impose additional obligations with respect to contracts disputes depending on the specific language used within any given agreement and/or local governing statutes or regulations (for example, some states require pre-litigation steps prior filing lawsuits). Additionally, it is important that all necessary documents required for proving liability should be gathered prior bringing formal claims before court system; failure comply with relevant requirements can result dismissal case without further consideration which will adversely affect ultimate outcome litigation process regardless merits particular situation itself. Therefore it advisable get assistance qualified lawyer who familiarize yourself specifics particular matter thoroughly well understand options available throughout entire course litigation process order maximize chances success obtaining favorable ruling court judgment favor litigant’s position presented during trial proceedings ultimately reaching mutually agreeable solution allowing both sides avoid unnecessary costs associated drawn out contentious legal battle altogether if possible cost-effectively achieve desired result amicably via negotiations .