The Uniform Commercial code governs the contracts in West Virginia relating to commerce and trade.
- The code mentions that in order to be legally enforceable, the contract should have an offer and acceptance involving two parties.
- Where any part of the contract as mutually agreed upon is not performed by either of the parties, it amounts to breach of contract.
- Breach of contract is classified into minor breach, material breach, fundamental breach and anticipatory breach.
- The breach of contract can be compensated with subsequent performance of the already agreed contract or with financial compensation for damages.