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Iowa Breach of Contract laws

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Iowa Breach of Contract laws
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Iowa Breach of Contract laws

Iowa Code 554 governs the various commercial transactions where contractual obligations can breach frequently.

  • The code describes that the breach of contract means a violation of a promise given under the agreement.
  • The non-performance has caused some severe damage to the party who has performed his part of the contract.
  • There is no further requirement for the party to continue performing his contractual duty after the breach.
  • The claim for breach of contract may settle in part or complete depending on the circumstances of the case and as per the court’s verdict.

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