Duhaime's Law Dictionary

Breach of Contract Definition:

A failure of a party to a contract to perform his or her obligations as agreed to within the contract.

Related Terms: Damages, Anticipatory Breach, Assumpsit, Contract, Specific Performance, Inducing Breach of Contract, Substantial Performance, Fundamental Breach

Contract law allows for judicial intervention in the event of a breach that is substantial, that goes to the root of the contract, also stated to be fundamental, by relieving the non-breaching party of his or her obligations and exposing the breaching party to damages or, if appropriate, an order for performance of the breached contractual obligation.

The older version (now extinct) of breach of contract was known as assumpsit.


Categories & Topics:

Always looking up definitions? Save time with our search provider (modern browsers only)

If you find an error or omission in Duhaime's Law Dictionary, or if you have suggestion for a legal term, we'd love to hear from you!