Question

Any deviation from what was agreed upon will trigger what is known as a breach of

Multiple Choice
a. promise
b. contract
c. cash flow
d. All of the choices are correct.

Answer 1

A breach of contract occurs when there is a deviation from what was agreed upon between the parties involved, leading to legal consequences and potential remedies.

Step-by-step explanation:

Any deviation from what was agreed upon will trigger a breach of contract. This means that if parties involved in a contract fail to fulfill their obligations as stated in the agreement, it can be considered a breach. Such breaches can have legal consequences and may entitle the injured party to seek remedies.

For example, if two parties enter into a contract where one agrees to provide goods and the other agrees to pay a certain amount, and the party providing the goods fails to deliver the goods as agreed, it would be a breach of contract.