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In Breach Of Contract

oboloo Glossary

In Breach Of Contract

In Breach Of Contract Definition

When one party to a contract fails to perform their obligations under the agreement, they are said to be in breach of contract. This can include failing to make payments, provide goods or services, or adhere to other terms of the agreement. If a party is in breach of contract, the other party may be able to sue for damages or terminate the contract.

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