Breach

Question 1

Breach

Answer 1

A breach is a deviation from a promised performance by a given by a due date. A breach is either material or partial (substantial perfromance) A material breach is where the party has not substantially performed. The most efficient way to determine whether a party substantial performed is to determine (1) the extent of the harm to injured party (2) the extent to which the injured party can be adequately compensated for their lost (3) the extent to which the breaching party will suffer foreitfuture (4) the extent to which the breachig party comport with with standards of good faith and fair dealing. (5) the
likiihood of the breaching party to provide a cure