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Efficient breach information


In legal theory, particularly in law and economics, efficient breach is a voluntary breach of contract and payment of damages by a party who concludes that they would incur greater economic loss by performing under the contract.

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Efficient breach

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In legal theory, particularly in law and economics, efficient breach is a voluntary breach of contract and payment of damages by a party who concludes...

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Breach of contract

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Breach of contract is a legal cause of action and a type of civil wrong, in which a binding agreement or bargained-for exchange is not honored by one or...

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Breach

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Look up breach in Wiktionary, the free dictionary. Breach, Breached, or The Breach may refer to: Breach, Kent, United Kingdom Breach, West Sussex, United...

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Specific performance

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it is costly to administer and may deter promisors from engaging in efficient breach. Professor Steven Shavell, for example, famously argued that specific...

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Liquidated damages

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Compensation rule: Some notes on an enforcement model and a theory of efficient breach". Columbia Law Review. 77 (4): 554–594. doi:10.2307/1121823. JSTOR 1121823...

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Force majeure

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will be a repudiatory breach, entitling the innocent party to terminate the contract and claim damages for that repudiatory breach. As interpreted by English...

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Privity of contract

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under the contract, but it was established that the manufacturer was in breach of a duty of care owed to her. Accordingly, she was awarded damages in the...

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Anticipatory repudiation

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Anticipatory repudiation or anticipatory breach is a concept in the law of contracts which describes words or conduct by a contracting party that evinces...

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Pacta sunt servanda

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change of circumstances. Breach of contract Breach of the peace Schubert Jurisprudence Efficient breach of contract Fundamental breach Hugo Grotius List of...

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Quantum meruit

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apply where there is a breached contract. A contractor is contracted to work on a school. He does some work but then quits (breach of contract). He is entitled...

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Contra proferentem

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Third-party beneficiary Breach of contract Anticipatory repudiation Cover Exclusion clause Efficient breach Deviation Fundamental breach Remedies Specific performance3...

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Oral contract

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Third-party beneficiary Breach of contract Anticipatory repudiation Cover Exclusion clause Efficient breach Deviation Fundamental breach Remedies Specific performance3...

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Retainer agreement

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Third-party beneficiary Breach of contract Anticipatory repudiation Cover Exclusion clause Efficient breach Deviation Fundamental breach Remedies Specific performance3...

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Duress in American law

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should force a person to deliberately break the law, particularly if this breach will cause significant loss or damage to a third person.[citation needed]...

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UNCITRAL Model Law on International Commercial Arbitration

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Third-party beneficiary Breach of contract Anticipatory repudiation Cover Exclusion clause Efficient breach Deviation Fundamental breach Remedies Specific performance3...

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Indemnity

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that a consumer cannot be made to unreasonably indemnify another for their breach of contract or negligence, though this section was repealed by the Consumer...

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Misrepresentation

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incorporated into the contract as a term, then the normal remedies for breach of contract apply. Factors that determine whether or not a representation...

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Clean hands

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Third-party beneficiary Breach of contract Anticipatory repudiation Cover Exclusion clause Efficient breach Deviation Fundamental breach Remedies Specific performance3...

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Negative pledge

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Third-party beneficiary Breach of contract Anticipatory repudiation Cover Exclusion clause Efficient breach Deviation Fundamental breach Remedies Specific performance3...

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Void contract

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Third-party beneficiary Breach of contract Anticipatory repudiation Cover Exclusion clause Efficient breach Deviation Fundamental breach Remedies Specific performance3...

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Consideration

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which had grown up in medieval times and remained the normal action for breach of a simple contract in England and Wales until 1884 when the old forms...

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Standard form contract

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Third-party beneficiary Breach of contract Anticipatory repudiation Cover Exclusion clause Efficient breach Deviation Fundamental breach Remedies Specific performance3...

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Contract of sale

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Third-party beneficiary Breach of contract Anticipatory repudiation Cover Exclusion clause Efficient breach Deviation Fundamental breach Remedies Specific performance3...

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