Some contracts allow for termination in the event of a material or substantial breach such as breach of confidentiality or a failure to pay or if there are repeated breaches any contractual right to terminate will operate in addition to any common law rights to terminate unless those termination rights are expressly excluded. Breach is defined in terms of a failure without good excuse to perform an obligation under the contract and the various aspects of this definition are explained in the light of the relevant authorities in the following chapter in the section termination is defined in terms of an election by the promisee in consequence of a breach by the promisor to claim discharge from his or her own primary obligations under the contract this process which can also be seen as a major contractual . Termination for breach if either party breaches in any material respect any of its material obligations under this agreement in addition to any other right or remedy the non breaching party may terminate this agreement in the event that the breach is not cured within thirty 30 days after receipt by that party of written notice of the breach. The termination of a contract by reason of one partys breach of contract arises as follows o one party to the contract is in breach of contract o the relevant breach is an anticipatory breach or a repudiatory breach and o the innocent party accepts the breach this practice note outlines each of these prerequisites of termination for breach of contract it also considers the relationship between repudiatory breach and contractual provisions which give an express right to terminate
How it works:
1. Register Trial Account.
2. Download The Books as you like ( Personal use )