Whenever a party fails to perform his or her obligations under the contract, a ________ occurs.

A) Split
B) Break
C) Breach
D) Misdeed
E) Mistake

Breach

A breach is the violation of a law, duty, or other form of agreement, typically referring to a breach of contract.

Obligations

Legal or moral duties that require an individual or entity to act or refrain from acting in a certain manner.

Party

An entity or individual that participates in a legal agreement or is engaged in a lawsuit.