Minor Breach of ContractĪlso sometimes called a Partial Breach of Contract or an Immaterial Breach of Contract, a Minor Breach of Contract refers to situations where the deliverable of the contract was ultimately received by the other party, but the party in breach failed to fulfill some part of their obligation. When a material breach occurs, the other party may pursue damages related to the breach and both its direct and indirect consequences. Material breaches can include a failure to perform the obligations laid out within a contract or a failure to perform contracted obligations on time. Here are the four main classifications: Material Breach of ContractĪ material breach occurs when one party receives significantly less benefit or a significantly different result than what was specified in a contract. While contracts consist of all types of legal agreements and terms, breaches themselves are classified in just a few ways. Such instances are called a breach of contract, and the first important step to claiming your contracted rights is being able to recognize that a breach occurred. If you deal with volumes of agreements (and volumes of types of agreements, from employment contracts to vendor and customer deals), chances are good that eventually you will run into a contract that doesn’t deliver on the terms agreed to by all parties.įortunately, contracts are legally-binding agreements, so when a party fails to meet their contracted obligations, there may be a remedy. Breach of contract: it’s a risk faced by anyone who enters a legal agreement.