A contract breach occurs when one party fails to fulfill their obligations as outlined in a legal agreement. This can happen in various ways, such as not delivering goods on time, failing to make payments, or not providing services as promised. Breaches can be classified as minor or major, depending on the severity of the violation and its impact on the other party. When a breach happens, the affected party may seek remedies, which can include monetary compensation or specific performance, where the breaching party is required to fulfill their contractual duties. Legal actions may also be taken to resolve disputes, often involving mediation or court proceedings to enforce the terms of the contract.