Asked by Marvelous Abraham on Jun 11, 2024

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A[n] ________ discharges the nonbreaching party from his or her obligations under the contract.

A) Immaterial breach
B) Substantial breach
C) Material breach
D) Delineated breach
E) Crossed breach

Material Breach

A significant violation of a contract that permits the other party to either compel performance, seek remedies for damages, or terminate the agreement.

Nonbreaching Party

The party in a contract who has not violated the agreement and may be entitled to legal remedies.

Obligations

Duties or actions that an individual or entity is legally required to perform according to the terms of a contract or law.

  • Understand the role and impact of breaches in contracts, including material and immaterial breaches.
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AR
Allison RabrenJun 16, 2024
Final Answer :
C
Explanation :
A material breach is a significant failure to perform under the contract, which justifies the nonbreaching party's right to terminate the contract and seek damages.