Outrageously Funny Word Dictionary :: Nonperformance

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What is the definition of nonperformance? 🙋

👉 Non-performance is a legal concept in contract law that refers to when one party fails to perform their contractual obligations as agreed upon. In other words, it means that the party who has not performed their part of the agreement did so in bad faith or deliberately failed to fulfill their obligations. This can happen due to various reasons such as: 1. Violation of a mutual intention: If both parties have expressed their intentions clearly and openly, then they should have fulfilled their contractual obligations accordingly. 2. Lack


nonperformance

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