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6 Cards in this Set
- Front
- Back
- 3rd side (hint)
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Breach of Contract |
When one person/s fails to deliver within the remit of the contract. |
Poor performance |
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Agreement |
When both parties agree to terminate |
Involves both parties |
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Time lapse |
When one person fails to deliver within the terms of the contract |
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Frustration |
When performance of agreement has been impossible after inception and it is therefore discharged. For example illness of one party. |
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Performance |
When a party fails to fulfill their part of the contract. Poor performance is classified as breach of contract. |
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Agreement |
A mutual agreement to terminate a contract |
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