Free Preparation Discussions
MENU
CIPS L5M3 Exam - Topic 1 Question 64 Discussion
Topic #: 1
A breach which is so severe that it goes to the root of the contract is known as what?
This is a Fundamental Breach. Fundamental Breach and Major Breach are very similar- they're both really bad and can lead to damages and the termination of the contract. The difference is that a Fundamental Breach is so bad that it goes to the root of the contract - a breach so bad that the contract is basically worthless. For example if you make a contract with a supplier to have potatoes delivered but it turns out they don't sell potatoes, only apples, and they keep sending you apples instead of potatoes. This would be a fundamental breach because its something so fundamental to the contract that there's no point in the contract existing if there's a breach like this. Condition Breach and Essence Breach are made up words- they don't exist. P.44
Mira
8 hours agoPamella
6 days agoBasilia
11 days agoMelodie
16 days agoNoemi
2 months agoJacinta
2 months agoJody
3 months agoEliseo
3 months agoCarin
3 months agoLore
3 months ago