Attorney Steve's Ultimate Guide: 25 Effective Ways to Get Out of a Contract

1 year ago
89

http://www.vondranlegal.com - Thanks for watching. Don't forget to SUBSCRIBE and share our videos with someone who needs it!

You might think that once you sign a contract, you are bound to it no matter what. However, there are a few ways to break a contract if you absolutely need to. One of the most common reasons for breaking a contract is fraud in the inducement. This means that one party deliberately misrepresents something important in order to get the other party to sign the contract. Another way to break a contract is through frustration of purpose or commercial impracticability. This occurs when something happens that makes it impossible or excessively difficult to fulfill the obligations of the contract. If you were forced to sign a contract under duress, that can be a reason to break it. Finally, if there was no consideration provided in exchange for signing the contract, that can also make it invalid. While breaking a contract should not be taken lightly, it is always good to know your options in case you find yourself in a difficult situation.

Loading comments...