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New York Breach of Contract laws

HomeBreach of ContractNew York Breach of Contract laws

The New York commercial considers only legal contracts for providing remedy against breach of contract.

  • In order to file a lawsuit for breach of contract, a contract should have been entered into between the plaintiff and the defendant.
  • The aggrieved party is called the plaintiff and the other party is called the defendant.
  • The plaintiff should have performed his part of the promise as agreed in the contract.
  • The defendant should have failed in performing the contract resulting in loss or damage to the plaintiff.
  • The resulting damage can be set right through specific performance or through financial compensation as ordered by the Court.

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