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In legal theory, particularly in law and economics, efficient breach is a voluntary breach of contract and payment of damages by a party who concludes
Efficient_breach
Equitable remedy in contract law
it is costly to administer and may deter promisors from engaging in efficient breach. Professor Steven Shavell, for example, famously argued that specific
Specific_performance
Type of civil wrong in contract law
Breach of contract is a legal cause of action and a type of civil wrong, in which a binding agreement or bargained-for exchange is not honored by one or
Breach_of_contract
Topics referred to by the same term
Look up breach in Wiktionary, the free dictionary. Breach, Breached, or The Breach may refer to: Breach, Kent, United Kingdom Breach, West Sussex, United
Breach
Legal term
Third-party beneficiary Breach of contract Anticipatory repudiation Cover Exclusion clause Efficient breach Deviation Fundamental breach Remedies Specific performance3
Peppercorn_(law)
Concept within the common law of contract
Lords. Whereas breach of condition is a serious breach that "denies the plaintiff the main benefit of the contract", fundamental breach was supposed to
Fundamental_breach
Damages agreed for a delay in a contract
Compensation rule: Some notes on an enforcement model and a theory of efficient breach". Columbia Law Review. 77 (4): 554–594. doi:10.2307/1121823. JSTOR 1121823
Liquidated_damages
Legally binding document establishing rights and duties between parties
as 'law and economics', focus on questions of transaction cost and 'efficient breach' theory. Another important dimension of the theoretical debate in contract
Contract
Suspension of contractual obligations during extreme circumstances
will be a repudiatory breach, entitling the innocent party to terminate the contract and claim damages for that repudiatory breach. As interpreted by English
Force_majeure
Latin legal phrase
Customary international law Breach of contract Breach of the peace Schubert Jurisprudence Efficient breach of contract Fundamental breach Hugo Grotius List of
Pacta_sunt_servanda
Remedy which allows a contractual party to cancel the contract
example, where there has been an innocent but material misrepresentation, a breach of fiduciary duty, unconscionable conduct, or equitable fraud. As an equitable
Rescission_(contract_law)
Parties to a transaction are on an equal footing
Third-party beneficiary Breach of contract Anticipatory repudiation Cover Exclusion clause Efficient breach Deviation Fundamental breach Remedies Specific performance3
Arm's_length_principle
Doctrine of contractual interpretation
Third-party beneficiary Breach of contract Anticipatory repudiation Cover Exclusion clause Efficient breach Deviation Fundamental breach Remedies Specific performance3
Contra_proferentem
Method of dispute resolution
Third-party beneficiary Breach of contract Anticipatory repudiation Cover Exclusion clause Efficient breach Deviation Fundamental breach Remedies Specific performance3
Arbitration
Legal aptitude to have rights and liabilities
Third-party beneficiary Breach of contract Anticipatory repudiation Cover Exclusion clause Efficient breach Deviation Fundamental breach Remedies Specific performance3
Capacity_(law)
Contractual obligation to compensate for losses incurred by the other party
that a consumer cannot be made to unreasonably indemnify another for their breach of contract or negligence, though this section was replaced by section 65
Indemnity
Contract retaining future work
Third-party beneficiary Breach of contract Anticipatory repudiation Cover Exclusion clause Efficient breach Deviation Fundamental breach Remedies Specific performance3
Retainer_agreement
Legal concept
Third-party beneficiary Breach of contract Anticipatory repudiation Cover Exclusion clause Efficient breach Deviation Fundamental breach Remedies Specific performance3
Oral_contract
Contractual provision prohibiting certain lawsuits
Third-party beneficiary Breach of contract Anticipatory repudiation Cover Exclusion clause Efficient breach Deviation Fundamental breach Remedies Specific performance3
Class_action_waiver
Contract that is not enforceable at law
Third-party beneficiary Breach of contract Anticipatory repudiation Cover Exclusion clause Efficient breach Deviation Fundamental breach Remedies Specific performance3
Void_contract
cover allows for efficient breach - that is, that it encourages the most efficient allocation of resources by allowing a seller to breach a contract to sell
Cover_(law)
controls Breach - the breaching party is liable for any uninsured loss even though breach is unrelated to the problem. Hence, if the breach is the time
Risk_of_loss
discharge both contracts (the original and the accord). If the creditor breaches the accord, then the debtor will be able to bring up the existence of the
Accord_and_satisfaction
Latin Phrase
apply where there is a breached contract. A contractor is contracted to work on a school. He does some work but then quits (breach of contract). He is entitled
Quantum_meruit
Dispute resolution with assistance of a moderator
contract with one or more parties. The two forms of breach are failure to perform and anticipatory breach. Limitations on liability include the requirement
Mediation
Third-party beneficiary Breach of contract Anticipatory repudiation Cover Exclusion clause Efficient breach Deviation Fundamental breach Remedies Specific performance3
Negative_pledge
Contract Act
Third-party beneficiary Breach of contract Anticipatory repudiation Cover Exclusion clause Efficient breach Deviation Fundamental breach Remedies Specific performance3
Indian_Contract_Act,_1872
Concept in contract law
someone else. The plaintiff brought an action against the defendant for breach of contract. It was held that the acquisition of knowledge regarding the
Power_of_acceptance
Concept in common law as applied in the US
Third-party beneficiary Breach of contract Anticipatory repudiation Cover Exclusion clause Efficient breach Deviation Fundamental breach Remedies Specific performance3
Consideration under American law
Consideration_under_American_law
Concept in the law of contracts
Anticipatory repudiation or anticipatory breach is a concept in the law of contracts which describes words or conduct by a contracting party that evinces
Anticipatory_repudiation
Damages recoverable from a breached contract
Expectation damages are damages recoverable from a breach of contract by the non-breaching party. An award of expectation damages protects the injured
Expectation_damages
contract. If the patient refuses to pay after being examined, they will have breached the implied contract. Another example of an implied contract is the payment
Implied-in-fact_contract
Untrue statement in contract negotiations
incorporated into the contract as a term, then the normal remedies for breach of contract apply. Factors that determine whether or not a representation
Misrepresentation
Legal term
Third-party beneficiary Breach of contract Anticipatory repudiation Cover Exclusion clause Efficient breach Deviation Fundamental breach Remedies Specific performance3
Meeting_of_the_minds
Superseded UK statutory instrument
Third-party beneficiary Breach of contract Anticipatory repudiation Cover Exclusion clause Efficient breach Deviation Fundamental breach Remedies Specific performance3
Unfair Terms in Consumer Contracts Regulations 1999
Unfair_Terms_in_Consumer_Contracts_Regulations_1999
Third-party beneficiary Breach of contract Anticipatory repudiation Cover Exclusion clause Efficient breach Deviation Fundamental breach Remedies Specific performance3
Hardship_clause
Arbitration law for international commerce
Third-party beneficiary Breach of contract Anticipatory repudiation Cover Exclusion clause Efficient breach Deviation Fundamental breach Remedies Specific performance3
UNCITRAL Model Law on International Commercial Arbitration
UNCITRAL_Model_Law_on_International_Commercial_Arbitration
Act of the Parliament of the United Kingdom
action in the tort of misrepresentation but now a claim may be brought for breach of contract. This means that a claimant's case will generally be easier
Consumer_Rights_Act_2015
Law concerning contracts, in force from 1999–2020
and also has the legal rules that relate to the formation, fulfilment and breach of contracts. The law allows for various different types of contracts that
Contract Law of the People's Republic of China
Contract_Law_of_the_People's_Republic_of_China
should force a person to deliberately break the law, particularly if this breach will cause significant loss or damage to a third person.[citation needed]
Duress_in_American_law
Latin expression meaning "fault in conclusion of a contract"
Third-party beneficiary Breach of contract Anticipatory repudiation Cover Exclusion clause Efficient breach Deviation Fundamental breach Remedies Specific performance3
Culpa_in_contrahendo
Components of a legally-binding contract
meeting of the minds theory of contract, a party could resist a claim of breach by proving that he had not intended to be bound by the agreement. This is
Offer_and_acceptance
Contract clause requiring parties to resolve disputes via arbitration
controversy or claim arising out of or relating to this contract, or the breach thereof, shall be settled by arbitration administered by the American Arbitration
Arbitration_clause
Concept in the common law of contracts
which had grown up in medieval times and remained the normal action for breach of a simple contract in England and Wales until 1884 when the old forms
Consideration
Third-party beneficiary Breach of contract Anticipatory repudiation Cover Exclusion clause Efficient breach Deviation Fundamental breach Remedies Specific performance3
Impracticability
Term in contract law
Third-party beneficiary Breach of contract Anticipatory repudiation Cover Exclusion clause Efficient breach Deviation Fundamental breach Remedies Specific performance3
Invitation_to_treat
Legal claim of civil wrong
A tort is a civil wrong, other than breach of contract, that causes a claimant to suffer loss or harm, resulting in legal liability for the person who
Tort
Legal principle
under the contract, but it was established that the manufacturer was in breach of a duty of care owed to her. Accordingly, she was awarded damages in the
Privity_of_contract
American multinational software company
customers, which has been tied to the Adobe security breach. They also used a ColdFusion exploit to breach Washington state court and expose up to 200,000
Adobe_Inc.
Type of contract between suppliers and buyers
with as many oranges as the store could sell. The farmer could sue for breach of contract if the store were thereafter to purchase oranges for this purpose
Requirements_contract
Third-party beneficiary Breach of contract Anticipatory repudiation Cover Exclusion clause Efficient breach Deviation Fundamental breach Remedies Specific performance3
Duty of honest contractual performance
Duty_of_honest_contractual_performance
implication of a nondelegable obligation is that, should said duty be breached, the principal obligor is still liable for the entire responsibility which
Nondelegable_obligation
Destruction or nullification of a right or contract
Third-party beneficiary Breach of contract Anticipatory repudiation Cover Exclusion clause Efficient breach Deviation Fundamental breach Remedies Specific performance3
Extinguishment
American academic
Connecticut School of Law. He is best known for originating the theory of efficient breach of contract. In 1960, Birmingham earned an AB from the University of
Robert_L._Birmingham
Implied covenant of honesty and fair dealing in contract law
upon the breach of the covenant may arise when one party to the contract attempts to claim the benefit of a technical excuse for breaching the contract
Good_faith_(law)
Contact term allowing non-performance
which will allow him to "escape" from the contract without being liable for breach of contract. International trade agreements tend to include escape clauses
Escape_clause
Term in contract law
Third-party beneficiary Breach of contract Anticipatory repudiation Cover Exclusion clause Efficient breach Deviation Fundamental breach Remedies Specific performance3
Mirror_image_rule
Branch of law in the US
for breach of contract are generally to provide damages for the injured party's loss; an injured party is not awarded damages based on the breaching party's
United_States_contract_law
Defence in contract law
Third-party beneficiary Breach of contract Anticipatory repudiation Cover Exclusion clause Efficient breach Deviation Fundamental breach Remedies Specific performance3
Non_est_factum
Uniform Act governing sales and transactions
promise. UCC damages for repudiating/breaching seller—Difference between 1) the market price when the buyer learned of breach and the 2) contract price 3) plus
Uniform_Commercial_Code
Type of statute specifying that certain contracts must be in writing
Third-party beneficiary Breach of contract Anticipatory repudiation Cover Exclusion clause Efficient breach Deviation Fundamental breach Remedies Specific performance3
Statute_of_frauds
International treaty within the UN framework
Third-party beneficiary Breach of contract Anticipatory repudiation Cover Exclusion clause Efficient breach Deviation Fundamental breach Remedies Specific performance3
Convention on the Recognition and Enforcement of Foreign Arbitral Awards
Convention_on_the_Recognition_and_Enforcement_of_Foreign_Arbitral_Awards
Contract clause mandating payments
Third-party beneficiary Breach of contract Anticipatory repudiation Cover Exclusion clause Efficient breach Deviation Fundamental breach Remedies Specific performance3
Hell_or_high_water_clause
National airline of India
India's data processor, SITA, reported the data breach to Air India in around February 2021. The data breach involved all information which was registered
Air_India
Passing an obligation to another person
perform satisfactorily, the obligee may elect to treat this failure as a breach of the original contract by the delegator or may assert himself as a third
Delegation_(law)
Defence in contract law
postponed. The hirer refused to pay for the room, so the owner sued for breach of contract; and the hirer then countersued for the return of his £25 deposit
Frustration_of_purpose
Third-party beneficiary Breach of contract Anticipatory repudiation Cover Exclusion clause Efficient breach Deviation Fundamental breach Remedies Specific performance3
Unsolicited_goods
Common law doctrine
Third-party beneficiary Breach of contract Anticipatory repudiation Cover Exclusion clause Efficient breach Deviation Fundamental breach Remedies Specific performance3
Restraint_of_trade
property only up to the value of the damages suffered as a result of the breach." The Administration of Justice Act 1705 (4 & 5 Ann. c. 3) amended the law
Penal_bond
Agreement to engage in illegal activity
Third-party beneficiary Breach of contract Anticipatory repudiation Cover Exclusion clause Efficient breach Deviation Fundamental breach Remedies Specific performance3
Illegal_agreement
Act of the Parliament of the United Kingdom
as a consumer. Any exclusion by that party for liability arising from a breach committed by that party under the same contract (s3(2)(a)) or performance
Unfair Contract Terms Act 1977
Unfair_Contract_Terms_Act_1977
exclusion clause: The clause recognizes a potential breach of contract, and then excuses liability for the breach. Alternatively, the clause is constructed in
Exclusion_clause
Third-party beneficiary Breach of contract Anticipatory repudiation Cover Exclusion clause Efficient breach Deviation Fundamental breach Remedies Specific performance3
Valid_when_made
Type of beneficiary under contract law
Bethany simply wants to be paid to do the renovation. If the contract is breached by either party in a way that results in Charlie never being hired for
Third-party_beneficiary
Concept in contract law
a breach of his obligation as fiduciary in transferring the instrument, and is not chargeable with notice that the fiduciary is committing a breach of
Mistake_(contract_law)
In law, the transfer of ownership of a thing from one person to another
materially his chance of obtaining return performance. A right to damages for breach of the whole contract or a right arising out of the assignor's due performance
Assignment_(law)
Law about agreements between two or more parties
delay constitutes a major breach Where time is not of the essence, a breach of time does not necessarily constitute a breach that allows the creditor to
South_African_contract_law
Any provision forming part of a contract
part of a contract". Each term gives rise to a contractual obligation, the breach of which may give rise to litigation. An express term is a term stated by
Contractual_term
In law, the impossibility of performing a contractual duty
Mercantile and Company Law, 2nd Ed, Juta & Company, 1966, p 95; A J Kerr, "Breach, Supervening Impossibility and Risk" (1978) 95 South African Law Journal
Impossibility_of_performance
Concept that requires parties to be honest in court processes
charity had no influence on the process of granting knighthood, and it was in breach of contract, too. However, he was essentially trying to bribe his way into
Clean_hands_doctrine
Common law rule relating to contracts
Third-party beneficiary Breach of contract Anticipatory repudiation Cover Exclusion clause Efficient breach Deviation Fundamental breach Remedies Specific performance3
Parol_evidence_rule
Concept in contract law in common law jurisdictions
that habitation renders the property uninhabitable as a matter of law. The breach of the implied warranty of habitability can be used to legally break a lease
Implied_warranty
Offer open for a defined time
Third-party beneficiary Breach of contract Anticipatory repudiation Cover Exclusion clause Efficient breach Deviation Fundamental breach Remedies Specific performance3
Firm_offer
American legal case
contract case for discussing the extent and purpose of awarding damages in a breach of contract. United States Naval Institute ("Naval") sued Charter Communication
United States Naval Institute v. Charter Communications, Inc.
United_States_Naval_Institute_v._Charter_Communications,_Inc.
1954 Virginia Supreme Court case regarding contract language
Third-party beneficiary Breach of contract Anticipatory repudiation Cover Exclusion clause Efficient breach Deviation Fundamental breach Remedies Specific performance3
Lucy_v._Zehmer
Act of the Parliament of the United Kingdom
contract. Where the slightness of the breach renders it unreasonable for a non-consumer buyer to reject the goods, for breach of the implied terms as to description
Sale_of_Goods_Act_1979
Type of contractual promise
Third-party beneficiary Breach of contract Anticipatory repudiation Cover Exclusion clause Efficient breach Deviation Fundamental breach Remedies Specific performance3
Option_contract
Weakly optimal allocation of resources
anyone else worse off than they were before. A situation is called Pareto efficient or Pareto optimal if all possible Pareto improvements have already been
Pareto_efficiency
Third-party beneficiary Breach of contract Anticipatory repudiation Cover Exclusion clause Efficient breach Deviation Fundamental breach Remedies Specific performance3
Output_contract
reaffirmed the principles of the Suisse Atlantique. Efficient breach Deviation (law) Fundamental breach Charterparty "Laytime" is the allowable period for
Suisse Atlantique Societe d'Armament SA v NV Rotterdamsche Kolen Centrale
Suisse_Atlantique_Societe_d'Armament_SA_v_NV_Rotterdamsche_Kolen_Centrale
Doctrine in contract law
Contractual Rights". In Carter, John W. (ed.). Rights and remedies for breach of contract. Sydney: Committee for Postgraduate Studies in the Dept. of
Unconscionability
Principle in German law
Third-party beneficiary Breach of contract Anticipatory repudiation Cover Exclusion clause Efficient breach Deviation Fundamental breach Remedies Specific performance3
Abstraction_principle_(law)
Contract language that limits one party's ability to pursue damages
Third-party beneficiary Breach of contract Anticipatory repudiation Cover Exclusion clause Efficient breach Deviation Fundamental breach Remedies Specific performance3
Exculpatory_clause
Legal concept of substituting a new contract for an old one
Third-party beneficiary Breach of contract Anticipatory repudiation Cover Exclusion clause Efficient breach Deviation Fundamental breach Remedies Specific performance3
Novation
attempt to show that a collateral contract exists if their claim for a breach of contract fails because the statement they relied upon was not held to
Collateral_contract
Attack on a computer system
systems to steal, alter, expose, disable, or destroy information, or to breach computer systems, networks, or infrastructures. Definitions differ as to
Cyberattack
Electrophysiological method to record electrical activity of the brain
Ré C, Rubin D, Lee-Messer C (April 20, 2020). "Weak supervision as an efficient approach for automated seizure detection in electroencephalography". npj
Electroencephalography
will affect which remedies may be available when a contractual promise is breached. Doctrines of importance to contract law practitioners include negligent
Australian_contract_law
Ordinarily, a seller whose buyer breaches a contract and refuses to purchase the goods can recover from the breaching buyer only the difference between
Lost_volume_seller
Third-party beneficiary Breach of contract Anticipatory repudiation Cover Exclusion clause Efficient breach Deviation Fundamental breach Remedies Specific performance3
Integration_clause
EFFICIENT BREACH
EFFICIENT BREACH
Girl/Female
Arabic
Efficient
Boy/Male
Tamil
Rahulraj | ராஹà¯à®²à®°à®¾à®œ
Efficient, Capable
Rahulraj | ராஹà¯à®²à®°à®¾à®œ
Boy/Male
Tamil
An efficient horse rider
Girl/Female
Tamil
Durga, Agile, Efficient, Swift
Girl/Female
Assamese, Gujarati, Hindu, Indian, Kannada, Malayalam, Marathi, Telugu
Agile; Efficient
Boy/Male
Hindu
Cleverness, Honesty, Brilliance, Efficient
Boy/Male
Tamil
Cleverness, Honesty, Brilliance, Efficient
Girl/Female
Hindu
Durga, Agile, Efficient, Swift
Boy/Male
Hindu
Skilfull and efficient Lord
Boy/Male
Indian, Punjabi, Sikh
Intelligent; Efficient
Boy/Male
Hindu
An efficient horse rider
Girl/Female
Tamil
Cleverness, Honesty, Brilliance, Efficient
Boy/Male
Indian, Sanskrit
Skillful; Efficient
Girl/Female
Gujarati, Indian
Efficient
Boy/Male
Tamil
Vishwadakshinah | விஷà¯à®µà®¾à®¤à®•à¯à®·à¯€à®¨à®¾à®¹
Skilfull and efficient Lord
Vishwadakshinah | விஷà¯à®µà®¾à®¤à®•à¯à®·à¯€à®¨à®¾à®¹
Boy/Male
Hindu, Indian, Punjabi, Sikh
Capable; Skilful; Efficient
Boy/Male
Hindu, Indian, Marathi
An Efficient Architect
Girl/Female
Indian
Cleverness, Honesty, Brilliance, Efficient
Boy/Male
Hindu
Efficient, Capable
Girl/Female
Hindu, Indian, Marathi, Sanskrit
Effective; Efficient; Goddess Durga
EFFICIENT BREACH
EFFICIENT BREACH
Boy/Male
Arabic, Muslim
Most Exalted; Name of Allah
Boy/Male
Hindu, Indian
Desired
Girl/Female
English American
Derived from Alicia: (sweet; honest; truth) and Felecia:.
Girl/Female
Muslim
Helper, Supporter, Protector, Blossoming flower, Brilliant, Visible, Dawn
Boy/Male
Welsh
Legendary king of Brittany.
Female
Egyptian
, lady of the house.
Male
Hungarian
Hungarian form of Greek Barnabas, BARNABÃS means "son of exhortation."Â
Girl/Female
Hindu, Indian
Nearest
Girl/Female
Arabic, Muslim
Kind
Boy/Male
Muslim
Beauty. Dignity.
EFFICIENT BREACH
EFFICIENT BREACH
EFFICIENT BREACH
EFFICIENT BREACH
EFFICIENT BREACH
a.
Self-sufficient; self-satisfied; content.
n.
Efficient contrivance; management; agency.
n.
A number, commonly used in computation as a factor, expressing the amount of some change or effect under certain fixed conditions as to temperature, length, volume, etc.; as, the coefficient of expansion; the coefficient of friction.
a.
Sufficient for one's self without external aid or cooperation.
n.
Causing effects; producing results; that makes the effect to be what it is; actively operative; not inactive, slack, or incapable; characterized by energetic and useful activity; as, an efficient officer, power.
a.
Wanting, to make up completeness; wanting, as regards a requirement; not sufficient; inadequate; defective; imperfect; incomplete; lacking; as, deficient parts; deficient estate; deficient strength; deficient in judgment.
a.
Sufficient.
a.
Making or doing throughly; efficient; effectual.
a.
Not deficient; full.
a.
Equal to the end proposed; adequate to wants; enough; ample; competent; as, provision sufficient for the family; an army sufficient to defend the country.
n.
The quality of being inefficient; want of power or energy sufficient; want of power or energy sufficient for the desired effect; inefficacy; incapacity; as, he was discharged from his position for inefficiency.
n.
Alt. of Efficiency
n.
An efficient cause; a prime mover.
a.
Incapable of, or indisposed to, effective action; habitually slack or remiss; effecting little or nothing; as, inefficient workmen; an inefficient administrator.
v. i.
Efficient; vigorous; brilliant.
a.
Capable of meeting obligations; responsible.
a.
Not efficient; not producing the effect intended or desired; inefficacious; as, inefficient means or measures.
n.
Joint efficiency; cooperation.
n.
The quality of being efficient or producing an effect or effects; efficient power; effectual agency.
a.
Strong; powerful; efficient.