WELCOME [ Log In · Register ]        SITE [ Search · Page Index · Recent Changes ]    RSS

Repudiation of Contract

Repudiation occurs when one party to a contract indicates that it has no intention of fulfilling its obligation(s) under the terms of the contract.   In the event of a repudiation, the injured party may have the right to damages.  The injured party may choose to waive the other party's breach for a variety of business reasons.