What legal rights do I have regarding the breach of a contract?
If you have entered into a legally binding contract and the other party has breached it, then you may have certain legal rights that can be exercised. Depending on the jurisdiction, these rights will differ depending on the specific terms of your agreement. Generally speaking, though, if there is a breach in contract then you may be entitled to any or all of the following remedies:
1. Damages - You may be able to recover monetary damages from the other party for any losses incurred as a result of their breach of contract (e.g., lost profits). It is important to note that this remedy may not always be available and will depend on the type of injury suffered by you as well as whether or not it was foreseeable at the time when both parties entered into an agreement;
2. Specific Performance - This remedy seeks to make one party comply with what they agreed upon under their contractual obligations;
3. Cancellation & Restitution - If applicable, cancellation or rescission allows parties who are unable come up with an alternative solution after suffering a significant financial loss due to another's breach in contract; and
4. Injunctions - Courts sometimes issue injunctions which allow one party seeking protection against future breaches even before they occur (such as preventing one's competitor from using confidential information obtained through a prior agreement).
It is important to note that each case and situation is unique, so please speak with a local attorney for more tailored advice concerning your particular circumstances before taking action based off this general information provided here today.