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The short answer is that the terms of the contract, presuming it is a written agreement and not an oral one, will determine whether you are able to prematurely terminate the contract without further liability. Without actually seeing the contract, I would suggest: Pay specific attention to the provisions dealing with the "term," "termination" or "early termination." Depending on your contract, you may be required to pay the remaining obligation under the contract or an early termination penalty. If you believe the other party has not fulfilled their end of the contract, or you believe the other party is "in breach," you may have the right to terminate the contract by providing written notice to the other party. However, again, depending on what the contract says, the other party may have an opportunity to "cure" the defect or breach. I would suggest you consult an attorney to review the terms of your contract and advise you accordingly.
What else can I help you with?
Can you distinguished Contract of Sale from contract to sell?
Contract to sell is an executory contract while contract of sale is an executed contract.
What is the term contract?
contract is contract
What is the term of contract?
contract is contract
What is the main terms of contract?
contract is contract
How do you get out of contract?
Getting out of contract can be made by executing or exhausting the object of the contract or using applicable contract provisions that can get you out of contract.
Title of songs with contract in the title?
(Artist) Title(Armageddon) The Contract(Mass Undergoe) Leech Of Contract(Onslaught) Contract In Blood(Status Quo) No Contract(Running Wild) The Contract(Flight Of The Conchords) A Kiss Is Not A Contract(Ace Troubleshooter) Blank Contract(Fleshless) Contract Of Blood(Badfinger) Rock 'n' Roll Contract(Throbbing Gristle) Record Contract(Halfwayhome) Contract With A Ghost(Public Enemy) Contract On The World Love Jam(Magazine) Sweetheart Contract
Is an implied in fact contract an actual contract?
Yes, an implied contract is an actual contract.
Is an oral contract an implied contract?
oral contract
What are the internal contract and external contract?
internal contract is a contract that exists between the principal and agent. external contract is a contract that exists between the principal and a third party.
Will A-Rod opt out of his contract?
He opted out of his contract, then he signed the contract.
What does Lower temperatures cause rocks to?
contract
An ultra vires contract is a contract that?
A contract that is made outside of the jurisdiction of the parties that made it. This is not a viable contract.
