As it turns out the other party has failed to perform its


As it turns out, the other party has failed to perform its obligations under the contract, and your client now wishes to terminate the agreement.

  • How is a contract concluded or terminated? Please explain this to your client.
  • Explain to your client how each party can be discharged from their liabilities.
  • Explain the difference between a minor breach and a material breach to your client.

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Finance Basics: As it turns out the other party has failed to perform its
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