Contract Repudiation

Repudiatory Breach of Contract - A Repudiatory Breach of Contract Claim is a legal action asserting that one party has committed a breach so fundamental that it effectively nullifies the contract, allowing the innocent party to terminate the agreement. This type of claim alleges that the breach goes to the root of the contract, depriving the innocent party of substantially the whole benefit they were intended to derive from it.

Class Information

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Identification

IRI: https://folio.openlegalstandard.org/R8KGri8xvqfghB4ViHja406
Label (rdfs): Repudiatory Breach of Contract
Preferred Label: Contract Repudiation
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Definition and Examples

Definition: A Repudiatory Breach of Contract Claim is a legal action asserting that one party has committed a breach so fundamental that it effectively nullifies the contract, allowing the innocent party to terminate the agreement. This type of claim alleges that the breach goes to the root of the contract, depriving the innocent party of substantially the whole benefit they were intended to derive from it.
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Class Relationships

Sub Class Of: Breach of Contract Claims
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Additional Information

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Deprecated: False

Metadata

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