Asked by Tanya Woods on Jun 19, 2024
Verified
Any breach of contract allows the breaching party to negotiate to receive additional benefits in order to remedy the breach.
Breach Of Contract
The failure of one party to fulfill the terms agreed upon in a contract, potentially leading to legal action for remedies.
Negotiate
The process of discussing something to reach an agreement or compromise.
Additional Benefits
Supplemental compensations or perks provided by employers beyond basic salary, including health insurance, retirement plans, etc.
- Discern the distinct categories of breaches in contracts and their implications.
Verified Answer
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Abboss DaneshpourJun 26, 2024
Final Answer :
False
Explanation :
A breach of contract typically results in consequences for the breaching party, such as damages or specific performance, rather than providing them an opportunity to negotiate for additional benefits.
Learning Objectives
- Discern the distinct categories of breaches in contracts and their implications.
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