Chapter 6: Contracts | Business & Finance homework help
Breach refers to a party’s failure to meet its contractual obligations. It could include not providing goods/services as promised, late delivery, non-compliance with quality standards or not performing the services in accordance with agreements. The remedies for breach discussed in the AT&T services contract are found under Sections 8 & 9 providing usage restrictions and termination rights respectively when a customer breaches their agreement through non-payment/late payments or use of service beyond what was contracted out.
The remedies are the methods that either party may use to remedy a breach of any contract term by the other. The AT&T services Contract outlines multiple remedies available under different sections including sections 10 (Dispute Resolution) & 11 (Limitation of Liability), covering options ranging from arbitration through Waiver Claims Dispute Resolution Program (WCRP) for most disputes arising between parties instead of taking it court; monetary compensations for actual damages resulting from service disruption /outage incurred by customer due to fault on Partys’ end.