Repudiatory breach: Difference between revisions
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imported>Doug Williamson (Expand per Business Law Reading 4.1.4 p11) |
imported>Doug Williamson (Simplified - removed 'the other party') |
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When a party bound by a contract refuses to perform the contract or a significant part of it. | When a party bound by a contract refuses to perform the contract or a significant part of it. | ||
Under English law a repudiatory breach | Under English law a repudiatory breach entitles the innocent party to withdraw from the contract. | ||
Revision as of 15:30, 30 March 2016
Law.
When a party bound by a contract refuses to perform the contract or a significant part of it.
Under English law a repudiatory breach entitles the innocent party to withdraw from the contract.