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Saturday 22 June 2013

Material Breach of Contract

Material Breach of Contract
Breach of Contract - the nonperformance of a contractual duty.
Material breach occurs when there has been a failure of consideration.  Discharges the non breaching party from the contract.
In a non-material breach, the duty to perform is not excused and the non-breaching party must resume performance of the contractual obligations undertaken.

Case 17.2: Van Steenhouse v. Jacor   Broadcasting of Colorado, Inc.  (1998).

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