When rescission is used, it terminates the rights of the parties and attempts to put everyone in the position they were in prior to entering into the agreement. Rescission is also a common remedy used for breaches of contract since it doesn't require that the parties continue to work together...
Panini had been WWE's trading card partner since 2021 but WWEsuddenly terminated their agreement in August, claiming a breach of contract violation from Panini. WWE claimed within the termination letter that Panini had not engaged in "good faith efforts" to use the WWE license to "exploit" dig...
A breach of contract occurs when either one or both parties fail to fulfill their part of a contract. Not all violations are equal. There can be either a partial breach, where only some of the terms are not met, or a complete breach, where the entire agreement is not upheld. There...
MSI, Arthrex settle breach of contract lawsuitThe article offers information on an agreement between MicroAire Surgical Instruments and Arthrex to settle a patent infringement and breach of contract case ag...
If the parties to a contract to marry are incapable of creating a valid agreement due to a legal disability, a lawsuit for breach of marriage promise cannot be sustained. Generally, a valid defense to such an action is the infancy of the promisor at the time of the agreement. The infancy...
Types of Employment Contracts Employment contracts come in various forms, each with distinct legal implications: Written Contracts –A formally documented agreement signed by both employer and employee, detailing job responsibilities, salary, benefits, and termination terms. Oral Contracts –Verbal agreement...
A breach can also be categorized according to different types: total breach, material breach, and partial breach. A total breach means that all terms and conditions of an agreement have been breached. This breach usually happens when one party fails to perform a crucial part of the agreement,...
Related to Warranty Breach:breach of warranty of authority The manufacture of a dangerous or defective product such that it opens the manufacturer and/orsellerto a lawsuit. The consumer protections put in place during the 20th and 21st centuries have increased the number of lawsuits for breach of...
Understanding a Breach of Contract A breach of contract is when one party breaks the terms of an agreement between two or more parties. This includes when an obligation that is stated in the contract is not completed on time—for example, you are late with a rent payment—or when it is ...
Related to Breach of privacy:Privacy law n. the intrusion into the personal life of another, without just cause, which can give the person whose privacy has been invaded a right to bring a lawsuit for damages against the person or entity that intruded. However, public personages are not pro...