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Oklahoma Breach of Contract laws

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Oklahoma Breach of Contract laws
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2006 Oklahoma Code – Damages (Title 23) deals with the relief awarded to deprived parties of a contract.

  • Relief or compensation gives to the party whose rights under a contract violate.
  • The loss arising from the violation of rights can compensate in sums of money.
  • The deprived party also has the right to receive interest on the damages incurred.
  • The interest will start accruing from the due date on which the creditor was liable to repay his debt.
  • Even in other cases which do not involve money but the specific performance, the jury may order the promissory payment of interest and damages if it is convinced.

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