Repudiatory breach: Difference between revisions
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imported>Doug Williamson m (Spacing and category added 20/8/13) |
imported>Doug Williamson (Expand per Business Law Reading 4.1.4 p11) |
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''Law''. | ''Law''. | ||
When a party bound by 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 by the other party entitles the innocent party to withdraw from the contract. | |||
== See also == | == See also == | ||
* [[Repudiation]] | * [[Repudiation]] | ||
* [[Condition]] | |||
* [[Warranty]] | |||
[[Category: | [[Category:Compliance_and_audit]] | ||
Revision as of 09:59, 10 November 2013
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 by the other party entitles the innocent party to withdraw from the contract.
