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thank you, come again!
Froogle 1.1.1.7
Froogled By:
Elias Makere, FSA, MAAA
Last Froogled:

BREACH

failure to:
(i) perform some contracted-for act;

(ii) perform some agreed-upon act; or

(iii) comply with a legal duty owed to another/society.
ANTICIPATORY BREACH
see anticipatory breach
BREACH OF CONTRACT
a wrongful nonperformance of any contractual duty of immediate performance; failing to perform acts promised – by hindering/preventing such performance (or by repudiating the duty to perform).
BREACH OF THE PEACE
conduct that destroys/menaces public order/tranquility (eg, violent acts; menacing acts/words). In its broadest sense the term refers to any criminal offense.
BREACH OF PROMISE
failure to fulfill a promise; often used as an abbreviation for “breach of the promise of marriage”
BREACH OF TRUST
a trustee’s violation, whether willful/fraudulent (or because of negligence/oversight/forgetfulness of a duty that equity places upon him/her)
BREACH OF WARRANTY
infraction of an express/implied agreement as to the title/quality/content/condition of a sold item
MATERIAL BREACH
see material
PARTIAL BREACH
see partial breach
Congratulations! You're now Froogled Up™ on what "Breach" means!

Feel free to use it throughout your financial/insurance life.

Sincerely,



www.FroogleMe.com
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