Examlex
The FBI has developed new technology that enables it to listen to conversations in homes from vans parked in the street outside the homes.While listening to conversations in one neighborhood,the FBI uncovers a meth lab.Agents move in and arrest those in the home without a warrant.Which of the following is true?
Rescinded by Agreement
The mutual decision of parties involved in a contract to cancel or nullify the agreement.
Anticipatory Repudiation
An assertion or action by a party indicating that he or she will not perform an obligation that he or she is contractually obligated to perform at a future time.
Material Breach
A significant violation of a contract that substantially undermines the agreement, giving the aggrieved party the right to seek legal remedies.
Non-breaching Party
The party in a contractual agreement that has not failed to fulfill any terms of the contract, as opposed to the party that has broken the agreement.
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