statute of limitations

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Most people enter into a contract with the intention of fully performing their obligations.  They walk away from the execution of the contract believing that they understand the terms, exactly what they agreed to and what they need to do.  Unfortunately, during the life of the contract the parties often find themselves confused about their obligations, the actual language of the contract and their options for forcing a breaching party to perform or to pay for the damages caused by the breach.

WAS MY CONTRACT BREACHED?

A breach of contract occurs when a party fails to perform its obligations under the contract.  The breach can be actual or anticipatory.  Actual breach is when the party refuses to perform as agreed to under the contract by the date on which it has agreed to perform.  Anticipatory breach is when the party announces ahead of time that it does not intend to perform its agreed upon obligations.
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