For this forum please respond with a minimum of 150 words of your thoughts about the response below in regards to a breach of contract in your own words;
1. For my dog cafe, I plan on opening it in North Carolina.
What is a breach of contract?
There are multiple parties that enter into an agreement of a contract. If any party fails to fulfill any of the contractual oblogations, that is what is known as a breach of the contract. This can be as simple as a a shipment of goods being delivered late, which would be a breach of the terms that specified a specific date of delivery.
What are the consequences of a breach of contract?
If a contract is breached, the parties can handle it on their own terms by enforcing the contract and collecting any financial harm caused by the breach. If those attempts to remedy the situation are not resolved, the most common next step is a lawsuit. Remedies from the lawsuit can be for the breaching party to hold up its end of the contract or payments to compensate for the loss of expectation.
What are the consequences in North Carolina?
In North Carolina, the non-breaching party is allowed to obtain the benefit of the bargain contained in the contract and the breaching party should not be allowed to benefit. The non-breaching party is entitled lost profits or other damages. Generally, a business can't recover damages from personal injury, punitive, or emotional damage as a result from the breach.
Which has judicial power over the other – federal or state court system?
State and federal court systems have different levels of jurisdiction. State courts have general jurisdiction and hear all cases that aren't specifically for federal courts. Each state can make and interpret its own laws, which helps to retain state power. Federal courts only hear cases in special circumstances, usually those that raise a "federal question" or "diversity of citizenship". Ultimately, the judicial power is in the federal court system, if a case was escalated past the state level.