How are contracts enforced?

Question

Quizplus · Accepted Answer

Contracts are enforced by the government through the judicial system. If one party breaches the terms of a contract, the other party can take legal action and seek remedies such as damages or specific performance. The court system operates to ensure that contracts are enforced and that parties are held accountable for their actions or failure to act in accordance with the terms of the contract. While buy-out clauses or specialized law firms may be involved in the contract process, it is ultimately the government and legal system that enforces the contracts.

How Are Contracts Enforced