Identify and Briefly Explain the Circumstances Where a Party Might

question 43

Essay

Identify and briefly explain the circumstances where a party might opt to deliberately breach a contract by refusing to honour its promises to the other side.Provide an example and a possible alternative to an outright breach of existing contractual obligations.

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Definitions:

Trait

A characteristic or quality that defines or distinguishes a person or thing.

Optimistic

Having a hopeful or positive outlook on the future, expecting the best possible outcome in any given situation.

Impulsive

Acting suddenly on instinct or emotion without premeditated thought, often leading to unintended consequences.

Positive Self-concept

An individual’s perception of oneself that is characterized by positivity, confidence, and self-worth.