Monday, 2 March 2015

What is a breach of contract?

Contracting party's actual failure or refusal to perform (or a clear indication of its intentions to ...

 
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Monday, March 2, 2015
 
Term of the Day

breach of contract

Contracting party's actual failure or refusal to perform (or a clear indication of its intentions to not perform) its obligations under the contract. A breach could be effected by (1) repudiation of obligations before the beginning of the contract, (2) repudiation of obligations before its completion, or (3) a conduct that prevents the contract's proper performance (such as interfering with ...
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The problem, critics of the prosecution say, is that Swartz' actions constituted a breach of contract more than a felony crime.
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Costco Names Visa as New Credit Card Partner (COST, V, C)

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