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Generally parties are bound by a contract in the Philippines unless the contract is rescinded. If two entities enter a contract and both agree that they are no longer interested in pursuing the endeavor, they can agree to breach the contract.
What else can I help you with?
What is failure to perform or follow through with an obligation?
Breach of contract is a failure to perform or follow through with an obligation. A breach of contract can be grounds for a lawsuit against the guilty party.
What is the difference between breach of contract and discharge of contract?
Discharged mean terminated. A contract can be discharged by -performance -frustration -Agreement between the parties and -breach If there is a breach of terms of the contract, a contract can be discharged.
Is the US government in breach of contract with we the people and can we the people sue the government?
Yes we can, and I recommend doing so on the grounds of "Infringement of our Second Amendment Rights"!
What are the grounds for suing an appraiser?
An appraiser can be sued for negligence, breach of contract, or fraud if they provide an inaccurate or misleading appraisal that results in financial harm to the client.
What is theDifference between breach of contract and discharge of a contract?
breach is a form of discharge. Generally, a discharge is when a contract ends for any reason. A breach is when one of the parties does not perform under the contract. Breach could lead to discharge, rescission, or damages, or nothing.
Can your car be repossessed if the payments are up to date however the insurance has expired?
it depends on the stipulations in your contract. in most cases any breach of cantract can be grounds for repo
Can you sue a company for breach of contract?
Yes, you can sue a company for breach of contract if they fail to fulfill their obligations as outlined in the contract.
Can you sue someone for breach of contract?
Yes, you can sue someone for breach of contract if they fail to fulfill their obligations as outlined in the contract.
Does a breach of contract make the contract null and void?
A breach of contract does not automatically make the contract null and void. The non-breaching party can choose to enforce the contract, seek damages for the breach, or terminate the contract depending on the circumstances and terms of the agreement.
What is the opposite of obeying a contract?
breach of contract
Is it a breach of contract if there is no specification of date to perform in the contract?
if there is no date specify this does not mean there is a breach. for a breach to occur one of the parties to a contract must not have fully performed their obligations. if there is no date specified in the contract the courts will apply a reasonable date
What if a contract condition is not met?
lawsuit for breach of contract
