A fundamental breach (or repudiatory breach) is a breach so fundamental that it permits the aggrieved party to terminate performance of the contract. In addition that party is entitled to sue for damages.
Read more about this topic: Breach Of Contract
Famous quotes containing the words fundamental and/or breach:
“Our species successfully raised children for tens of thousands of years before the first person wrote down the word “psychology.” The fundamental skills needed to be a parent are within us. All we’re really doing is fine-tuning a process that’s already remarkably successful.”
—Lawrence Kutner (20th century)
“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)