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A legal cause of action in which a binding agreement or bargained-for exchange is not honored by one or more of the parties to the contract by non-performance or interference with the other party’s performance.
The meaning of BREACH OF CONTRACT is failure to do what a contract requires. How to use breach of contract in a sentence.
Dec 1, 2014 · Breach of Contract Defined and Explained with Examples. Breach of contract is an unjustifiable failure by one party to perform his terms of a contract.
- Noun 1. An unjustifiable failure to perform terms of a contract. 2. A violation of contract through failure to perform, or through interference wit...
- Among the most common causes for lawsuits in the U.S., breach of contract occurs in many ways. The law offers a variety of remedies for each such b...
- Courts in the United States are virtually inundated with breach of contract cases. Small and large, the decisions in such cases shape the way Ameri...
- To be successful in a breach of contract lawsuit, there are certain breach of contract elements that must exist:
- Generally speaking, the amount of monetary damages a party can recover in a breach of contract case is the amount it would take to make them whole....
- A party to a contract dispute who feels the other party is in breach of the contract, should provide a breach of contract letter to the breaching p...
- 1. Actual Damages – Money awarded to compensate someone for actual monetary or property losses. Also referred to as “compensatory damages,” the amo...
n. failing to perform any term of a contract, written or oral, without a legitimate legal excuse.
breach of contract n. failing to perform any term of a contract, written or oral, without a legitimate legal excuse. This may include not completing a job, not paying in full or on...
BREACH OF CONTRACT definition: 1. an act of breaking a legal agreement with someone to do work or to have work done for you: 2…. Learn more.
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Definition of "breach of contract" A valid agreement's violation due to one party's failure to meet its obligations as stipulated ; How to use "breach of contract" in a sentence. The builder was sued for breach of contract because he used low-quality materials contrary to the agreement.
