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North Carolina 502.15 Contracts-Issue of Breach-Defense of Waiver. (5/2004)

State:
North Carolina
Control #:
NC-JURY-502-15-CV
Format:
Word
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Description

502.15 Contracts-Issue of Breach-Defense of Waiver. (5/2004) North Carolina 502.15 Contracts-Issue of Breach-Defense of Waiver. (5/2004) is a legal document that outlines the rights and obligations of parties to a contract in the event of a breach. It defines the issue of breach, the defense of waiver, and the remedies available to the parties in the event that a breach has occurred. This document specifies that a breach of contract may be caused by either a material breach or an immaterial breach. A material breach occurs when a party fails to fulfill a contractual obligation, while an immaterial breach occurs when a party fails to fulfill a minor obligation. The document also outlines the defense of waiver, which allows a party to waive their rights in a contract if the other party has breached the contract. Lastly, it outlines the remedies available in the event of a breach, such as damages, restitution, or specific performance.

North Carolina 502.15 Contracts-Issue of Breach-Defense of Waiver. (5/2004) is a legal document that outlines the rights and obligations of parties to a contract in the event of a breach. It defines the issue of breach, the defense of waiver, and the remedies available to the parties in the event that a breach has occurred. This document specifies that a breach of contract may be caused by either a material breach or an immaterial breach. A material breach occurs when a party fails to fulfill a contractual obligation, while an immaterial breach occurs when a party fails to fulfill a minor obligation. The document also outlines the defense of waiver, which allows a party to waive their rights in a contract if the other party has breached the contract. Lastly, it outlines the remedies available in the event of a breach, such as damages, restitution, or specific performance.

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North Carolina 502.15 Contracts-Issue of Breach-Defense of Waiver. (5/2004)