In breach of contract litigation, the usual remedy is that the breaching party must pay money damages on account of the breach. In some cases, however, a breach may result in an outright cancellation (i.e, rescission) of the contract as if it never occurred. Rescission for breach of contract is available where a material breach…
Legal Articles
Contract Amendments Need to be in Writing?
Although most attorneys shrink away in terror when hearing that a supposedly breached contract was oral, MO law does honor certain oral contracts. Under the statute of frauds in Missouri, contracts generally must be in writing if they relate to (1) contracts which take in excess of a year to complete, (2) contracts for marriage,…