Examlex
When you look at the side of a CD where the data are stored, why do you observe a rainbow?
Materially Breached
Pertaining to a serious violation or failure to perform one’s duties under a contract that justifies the other party's right to terminate the agreement.
Substantially Breached
A significant failure to fulfill one's duties under a contract, which justifies the other party's right to terminate the agreement and seek damages.
Anticipatory Breach
Occurs when one party to an agreement makes it clear, before the performance is due, that they do not intend to fulfill their contractual obligations.
Compensatory Damages
Financial compensation awarded to a plaintiff to cover actual losses and expenses resulting from another party's negligence or wrongful actions.
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