posted 2 years ago
There's no hard and fast rule for what happens if you renege on an obligation since it can depend on the situation. However, breaking a promise or agreement can result in negative consequences like destroying trust, damaging relationships, and harming your reputation. Additionally, you may be held legally liable if you fail to meet your contractual obligations. So while there may not be one clear answer for what happens if you renege on an obligation, it's generally best to avoid doing so whenever possible.