Contractual rights

Okay kiddo, let me explain contractual rights to you.

Imagine you and your friend want to play with a toy. You both agree to take turns and share the toy. This is like making a contract. A contract is an agreement between two or more people that they will do something they promised to do.

Now, let's say your friend doesn't want to share the toy anymore and wants to keep it all to themselves. That's not fair, right? So you remind your friend about the contract you made and the promise they made to share the toy with you.

This is where contractual rights come in. When you make a contract, you have certain rights. These rights are like rules that everyone has to follow. It's like having a special power to make sure everyone keeps their promises.

If someone breaks the contract and doesn't follow the rules, you can use your contractual rights to enforce them. You can remind the other person about the contract and the promises they made. You can even take legal action if necessary, which means you could take the matter to court and ask a judge to help you get what you're owed.

So, basically, contractual rights are like a special set of rules that help you make sure everyone keeps the promises they made in a contract. It's important to always keep your promises and follow the rules of the contract, so everyone can enjoy playing with the toys fairly.