Augmented Sanctions: Material Breach, Total Breach, and Opportunistic Breach; Cure; Suspension and Termination
Melvin A. Eisenberg
Abstract
Melvin A. Eisenberg
Abstract
Every breach of contract gives the promisee the right to recover expectation damages. Under certain circumstances a promisee may also have the right to invoke augmented sanctions, including damages measured on the basis that the promisor totally failed to perform the contract (as opposed to damages measured only by the harm from breach of a particular term), and suspension and termination of the contract. If a promisor commits a breach that was neither material nor opportunistic and the breach is curable—that is, if the effect of the breach is reversible—she should be able to avoid the imposition of an augmented sanction by curing the breach promptly after the promisee gives her notice that she is in breach and that unless she promptly cures the breach he will terminate the contract.
A significance statement is not available in the OpenAlex record.
A contribution statement is not available in the OpenAlex record.
Method details are not available in the OpenAlex metadata.
Findings are not separately available in the OpenAlex metadata.
Limitations are not available in the OpenAlex metadata.
Application details are not available in the OpenAlex metadata.
Every breach of contract gives the promisee the right to recover expectation damages. Under certain circumstances a promisee may also have the right to invoke augmented sanctions, including damages measured on the basis that the promisor totally failed to perform the contract (as opposed to damages measured only by the harm from breach of a particular term), and suspension and termination of the contract. If a promisor commits a breach that was neither material nor opportunistic and the breach is curable—that is, if the effect of the breach is reversible—she should be able to avoid the imposition of an augmented sanction by curing the breach promptly after the promisee gives her notice that she is in breach and that unless she promptly cures the breach he will terminate the contract.
Key concepts: Breach of contract, Damages, Sanctions, Notice, Harm, Business, Law, Law and economics