Repudiation: Difference between revisions

Repudiation (view source)

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	{{g}}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.		{{g}}To [[repudiate]] a [[contract]] is to [[fundamental breach\|fundamentally breach]] it: to indicate one’s 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\|repudiatory]]” or “[[Fundamental breach\|fundamental]]” [[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}}.		A “[[Repudiatory breach\|repudiatory]]” or “[[Fundamental breach\|fundamental]]” [[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}}.