Termination for Breach
摘要
The common law principle is a party can elect to terminate a contract if the other breaches a core part of the contract or renounces the contract. General conditions of contracts (GCCs) have a clause(s) on termination for breach. A party can terminate the contract as provided in the written terms. The written terms may be at variance with the common law principle. Termination for breach has become an interplay of the general principles and the contract terms. A termination notice must accurately assess the nature of the breaches and clearly state them in the notice. The chapter explores the theme of termination for breach.