Under Kentucky legislature, a breach of contract is the failure to perform a promise as agreed in a contract.
- Under Kentucky breach of contract statutes, a contract should have the features of offer, acceptance and consent in order to be legally enforceable.
- The party who has performed his promise and is deprived of consideration by the other party is referred to as plaintiff. The party who has filed to perform his commitment as per the contract is called the defendant.
- The plaintiff should have incurred material damages in order to receive compensation. The compensation will be determined after taking into account the general and incidental damages arising from the non-performance