A fundamental breach of a contract, sometimes known as a repudiatory breach, is a breach so fundamental that it permits the distressed party to terminate performance of the contract, in addition to entitling that party to sue for damages.
Read more about Fundamental Breach: History, English Law, Canada
Famous quotes containing the words fundamental and/or breach:
“The second fundamental feature of culture is that all culture has an element of striving.”
—Johan Huizinga (1872–1945)
“But to my mind, though I am native here
And to the manner born, it is a custom
More honored in the breach than the observance.”
—William Shakespeare (1564–1616)