For a whole host of reasons, there seems to be a steady flow of cases where two parties enter into a business agreement and one party fails or refuses to perform – even after receiving the benefit of the deal. In these situations the aggrieved party can issue oral and written notices demanding payment or full performance, they can agree to take less than what was set in the original contract, they can wait and hope that circumstances change and that the obligor has a change of heart and pays or performs, or they can file suit in a court…

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