When you sign a business contract in Arizona, you might feel like you’re locked into the agreement permanently. However, there are ways to get out of a contract without breaching it and leaving yourself vulnerable to a potential lawsuit. Here are some ways that you might be able to get out of a contract with the help of an attorney.
How can you get out of a business contract?
When you start talking about getting out of your business contract, your attorney might be able to find clauses or limitations in the document. For example, your contract might have an early termination clause that allows you to end the contract before the official date. You might have to pay a fee, but the other party won’t be able to sue you for leaving early.
According to business law, you might also be able to get out of a contract if the contract has anything illegal in it. In fact, you might be able to get out of your contract on a simple technicality. Additionally, if you learn that the other party lied about the circumstances of the contract, you might be able to terminate the contract on the basis of fraud.
You might also be able to terminate the contract if it’s physically impossible for you to perform the duties outlined in the text. Similarly, you could get out of the contract if it makes unreasonable demands. If nothing else works, your attorney might be able to find a loophole that allows you to get out of the agreement without being sued for a breach of contract.
How can an attorney help you with contract disputes?
If you’re trying to terminate an agreement, your knowledgeable attorney could find the best way to help you end the contract. This might involve finding a loophole or simply taking advantage of an early termination agreement. If the other party tries to sue you for breach of contract, your attorney could defend you in court. Counsel might claim that the contract makes impossible demands or the other party committed fraud in some way.