A breach of contract occurs when one party fails to fulfill its obligations under the contract. In such cases, several remedies may be available, including: - Damages: The non-breaching party may seek monetary compensation. - Specific Performance: The court may order the breaching party to fulfill their obligations. - Rescission: The contract may be terminated, and both parties are relieved from their obligations. - Reformation: The contract may be rewritten to better reflect the parties' intentions.