81,841
edits
Repudiation: Difference between revisions
Jump to navigation
Jump to search
no edit summary
Amwelladmin (talk | contribs) (Created page with "To repudiate a contract is to indicate an inability or unwillingness to perform it in such a way as to deprive the aggrieved party of substantially the whole benefit of th...") |
Amwelladmin (talk | contribs) No edit summary |
||
| Line 1: | Line 1: | ||
To repudiate a [[contract]] is to indicate an inability or unwillingness to perform it in such a way as to deprive the aggrieved party of substantially the whole benefit of the bargain represented by the contract. | To repudiate a [[contract]] is to indicate an inability or unwillingness to perform it in such a way as to deprive the aggrieved party of substantially the whole benefit of the bargain represented by the contract. | ||
A “repudiatory” [[breach of contract]] is a one which is sufficiently serious to indicate a party has repudiated the contract, thereby entitling the innocent party to [[terminate]] the {{tag|contract}}. | A “repudiatory” [[breach of contract]] is a one which is sufficiently serious to indicate a party has repudiated the {{tag|contract}}, thereby entitling the innocent party to [[terminate]] the {{tag|contract}}. | ||
In this case the innocent party has two options: It can | In this case the innocent party has two options: It can | ||
| Line 8: | Line 8: | ||
===Surely, you can’t be serious=== | ===Surely, you can’t be serious=== | ||
''I '''am''' serious. And don’t call me Shirley.'' <br> | ''I '''am''' serious. And don’t call me Shirley.'' <br> | ||
The $64,000 question: What counts as “sufficiently serious”? | |||