There are four types of contract breaches recognized by the law today: Minor breach; Material breach; Fundamental breach; Anticipatory breach. A minor or partial breach is when the non-breaching party of the contract is not entitled to an order for performance of its obligations but only to collect the damages for which they are owed. For The nature of a transaction determines the type of contract law that applies. General contract law described above applies to such transactions as service agreements and sales of real property. Contracts for the sale of goods, however, are governed by Article 2 of the UCC, which has been adopted, at least in part, in every state. An executory contract is one, which is either wholly unperformed, or something remains in there to be done by both the parties to contract. Sometimes, a contract may be partly executed and partly executory. Other Contracts. Besides the above said classification, there are other types of contract also. Contingent Contract is one such type. 1.