Asked by duoduo Aguimarti on Jun 24, 2024
Verified
What is the result of a repudiation?
Repudiation
The rejection or refusal to acknowledge or pay a debt or fulfill a contractual obligation, often leading to a breach of contract claim.
- Master the legal frameworks involved in the discontinuation of contracts, notably repudiation and frustration.
Verified Answer
GC
Gracie CollinsJul 01, 2024
Final Answer :
If the victim chooses to perform in light of a major refusal, the contract is binding on both. If the victim chooses to discharge, the contract ends but the victim can seek damages.
Learning Objectives
- Master the legal frameworks involved in the discontinuation of contracts, notably repudiation and frustration.