Repudiation of a Contract: Big Legal Foundations and Consequences
I. Introduction What is a repudiation of a contract? Contracts are the backbone of modern legal and commercial life. They represent not only an exchange of promises but also the foundation of trust between parties. Yet, circumstances sometimes arise in which one party demonstrates, through words or conduct, that it no longer intends to honor its obligations. This phenomenon, known as repudiation of a contract, is one of the most significant breaches of contractual duty, Read more