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breach of contract |
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breach of contract n. failing to perform any term of a contract, written or oral, without a legitimate legal excuse. This may include not completing a job, not paying in full or on time, failure to deliver all the goods, substituting inferior or significantly different goods, not providing a bond when required, being late without excuse, or any act which shows the party will not complete the work ("anticipatory breach.") Breach of contract is one of the most common causes of law suits for damages and/or court-ordered "specific performance" of the contract. (See: breach, anticipatory breach, specific performance) How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Last week, a Westchester County Judge awarded Trump more than $4 million on the grounds that Columbus Construction Corporation left the project without "just cause and constituted a material breach of contract. ``(Tutor-Saliba's) inability to construct a parking facility that is structurally sound is a material breach of the intent of the contract and is obviously unacceptable,'' Kim Day, the interim executive director of Los Angeles World Airports, wrote to Tutor-Saliba Corp. This is still active, but 35 years on the Israelis remain in material breach of 242, a breach made all the more flagrant by continued building and settling in the occupied territories. |
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