Question

Describe the relationship between “Terms,” “Performance,” and “Breach.”

Answer 1

Breach of contract may be a legal reason for action and a kind of tort (civil law violation), during which a binding agreement or bargained-for exchange isn't honored by one or a lot of of the parties to the contract by non-performance or interference with the opposite party's performance. Breach happens once a side to a contract fails to satisfy its obligation(s), whether or not part or completely, as delineated within the contract, or communicates its intent to fail the duty or otherwise seems to not be able to perform its obligation to a contract.

In simple language, if the terms, provisions, or considerations of a contract are not performed, met or satisfied by either of a contracting party either wholly or partially, then it is said to result in a breach, violation or infringement of the contract and its obligations.

A breach is said to be the result or outcome of a non-performance of any of the terms as agreed and stated in a contract.

Thus, the relationship between 'terms', 'performance', and 'breach' (of contract) are all directly linked or interconnected with each other under contract law.