What Are the Consequences of a Breaching Party Refusing to Pay

question 95

Essay

What are the consequences of a breaching party refusing to pay the judgment on a breach of contract?

---

Definitions:

Substantially Low

A description indicating that something is significantly below average or expected levels.

Mistakenly Offers

Incorrect proposals made unintentionally during negotiations or in the course of business transactions.

Intended Price

The price at which a seller aims to sell a product or service, often reflecting costs, market conditions, and profit margins.

Bilateral Mistake

A situation in a contract where both parties are mistaken about a fundamental fact that is central to the contract.