LAW CHEK Legal Form Books: What is breach or default?

This is not a substitute for legal advice. An attorney must be consulted.

"This work is protected under the copyright laws of the United States. No reproduction, use, or disclosure of this work shall be permitted without the prior express written authorization of the copyright owner. Copyright © 1994 - 2015 by LAWCHEK, LTD."

BACK TO MENU

What is breach or default?

A breach is a failure or omission of performing something which ought to be done usually as specified by contract. It is usually an omission or failure to perform a legal or contractual duty. Oftentimes it is the failure to observe a promise or to discharge an obligation such as to pay interest or principal on a debt when due.

A breach of contract is the failure to perform a promise without a legal excuse. It is the unequivocal, distinct and absolute refusal to perform an agreement. It is in sum and substance a failure to perform an obligation.

BACK TO MENU

This is not a substitute for legal advice. An attorney must be consulted.