Linked by Thom Holwerda on Mon 25th Jun 2007 22:44 UTC
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Member since:
2006-04-20
It isn't subject to criminal law, but under civil law, you can be sued for breach of contract. Don't think you can just breach any old contract and get away with it, you will most likely be penalised. In fact, penalties for breach of contract can run into the billions of dollars, and if you don't or can't pay, you may wind up in prison. Breach of contract is not a trivial thing - contracts, whether verbal or long formal documents, are the glue that holds society together, and the law does not treat those who breach contracts lightly.