What does "breach of contract" refer to?

"Breach of contract" refers to the failure to comply with contractual obligations. In a contractual relationship, each party is expected to fulfill their agreed-upon duties. When one party fails to perform, whether through not completing the work, delivering subpar results, or not adhering to agreed terms, it constitutes a breach. This can lead to legal consequences, where the non-breaching party may seek remedies such as damages or specific performance to address the failure.

The other options relate to different concepts in contract law. Legal ratification refers to the process of formally approving an agreement, rather than failing to perform it. Mutual dissolution describes an outcome where both parties agree to terminate the contract, which is not the same as one party failing to meet their obligations. An agreement without legal consideration is not enforceable in the first place and does not imply a breach, as there is no valid contract to breach. Understanding the nuance of "breach of contract" allows one to recognize the importance of fulfilling contractual commitments to avoid legal disputes.