Asked by
Caleb Wicklund
on Nov 01, 2024Verified
A breach of contract occurs when both parties fail to keep their respective promises.
Breach of Contract
The failure, without legal excuse, to perform any promise or obligation outlined in a contract.
Respective Promises
Promises made by two or more parties where each party's promise is considered in regard to, or in relation to, the promises of the other party or parties.
- Understand the essential elements and doctrines related to the establishment, implementation, and analysis of contracts.
Verified Answer
MM
Learning Objectives
- Understand the essential elements and doctrines related to the establishment, implementation, and analysis of contracts.