What happens when a third party interferes with a contract maintained by other parties? In some cases, the third party may be liable for a business tort called tortious interference with contract. This cause of action exists to protect the sanctity of contractual relations.
At some point all business owners have to deal with the process of creating a contract. However, just because you write out a contract doesn't necessarily mean it is legal. There are certain elements that need to be properly expressed in a contract to give it validity.
Practically every jurisdiction makes a distinction between felony and misdemeanor crimes in criminal law. While felony status is accorded to more serious offenses, misdemeanors denote a relatively lesser offense.