Repudiatory Breach of Contract

A breach of contract refers to the failure of one party to perform the obligations specified in a binding agreement with another party. When a contract is breached, the person at fault may face legal consequences. But not all breaches are the same.

A repudiatory breach occurs when a breach is so significant that it gives the innocent party the right to refuse the terms of the contract altogether. This type of breach is severe and often leads to contract termination and legal action.