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  2. Dictionary

    breach of contract
    [breach of contract]
    definition
    1. an act of breaking the terms set out in a contract:
      "I'm going to raise this as a breach of contract" · "the theater promptly sued him for breach of contract"
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    What is a breach of contract?A breach of contract is when one party breaks the terms of an agreement between two or more parties. This includes when an obligation that is stated in the contract is not completed on time—for example, you are late with a rent payment—or when it is not fulfilled at all, such as a tenant vacating their apartment owing six months’ back rent.
    What are the different types of contract breaches?There are different types of contract breaches, including a minor or material breach and an actual or anticipatory breach. A breach of contract is not considered a crime or even tort and rarely results in extra monetary compensation. A breach of contract is when one party breaks the terms of an agreement between two or more parties.
    What if a party claims a breach of contract?This includes failure to perform in a manner that meets the standards of the industry or the requirements of any express warranty or implied warranty, including the implied warranty of merchantability. When a party claims a breach of contract, the judge must answer to the following questions: 1. Did a contract exist? 2.
    Is a breach of contract a material or minor breach?A breach of contract can be material or minor. The parties’ obligations and remedies depend on which type of breach occurred. A breach is material if, as a result of the breaching party’s failure to perform some aspect of the contract, the other party receives something substantially different from what the contract specified.
     
  4. Breach of Contract Explained: Types and Consequences

     
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  7. Breach of Contract - Definition, Meaning, Examples, …

    WEBDec 1, 2014 · Definition of Breach of Contract. Noun. An unjustifiable failure to perform terms of a contract. A violation of contract through

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