What is the result of a breach of contract?

The result of a breach of contract typically allows the injured party to pursue legal action to seek remedies for the harm caused by the breach. This could include compensation for damages incurred or specific performance, which is a legal remedy requiring the breaching party to fulfill their contractual obligations as originally intended.

In contract law, a breach occurs when one party fails to meet the obligations set out in the contract, which causes the other party to suffer some form of loss or detriment. This right to sue serves as a crucial mechanism for enforcing contractual agreements and ensuring that parties are held accountable for their commitments.

The other choices don't accurately capture the typical legal ramifications of a breach. A mutual agreement to change contract terms would imply the parties are consenting to alter the contract rather than addressing a breach. A legal obligation to fulfill the contract terms applies to the party that has yet to breach the contract. An automatic extension of the contract period does not typically result from a breach; such extensions would usually need to be negotiated rather than occur automatically.