breach of contract

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Related to Breaches of Contract: anticipatory breach, material breach

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)

breach of contract

in the law of contract a breach of contract occurs when at least one party does not perform his obligations under the contract. A statement or a clear intention that there will be no performance is often known as repudiation. Breach results in an award of damages or specific performance (in England) or specific implement (in Scotland). See also ANTICIPATORY BREACH, REMOTENESS OF DAMAGE.
References in periodicals archive ?
Some of the more common breaches of contract by a landscape architect or designer are the following.
DIRECTV is seeking relief from the court that includes compensatory and other damages, delivery of software technology required by the contract, and a preliminary and permanent injunction that would enjoin NDS from engaging in further breaches of contract and misappropriation of trade secrets.
According to a Form 8-K filing to be filed with the Securities and Exchange Commission, SES has reached final settlement terms on separate actions involving (i) an alleged breach of contract to pay substantial commissions in 1992 and 1993 to third parties for waste contracts, (ii) an alleged breach of written contract to pay monies commencing in 1990 to an environmental consultant to develop, construct and operate the now-abandoned hazardous waste incinerator at the Vernon site, and (iii) alleged violations of securities laws and breaches of contract with respect to a three-year warrant allegedly issued by SES in December 1990 for 250,000 shares at 50 cents per share.