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The Tort of Interference with Contractual Relations Occurs When Party

question 191

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The tort of interference with contractual relations occurs when Party C attempts to get Party A, who has a contract with Party B, to breach the contract in favor of doing business with Party C.


Definitions:

Future Holder

A future holder refers to an entity or individual who will hold a right, position, or property at a future date.

Fee Simple Absolute

An ownership interest in which the holder has exclusive rights to ownership and possession of the land to the holder; the most comprehensive type of estate.

Conditional Estate

A type of property ownership that is subject to certain conditions or requirements being met.

Condition

A provision in a contract or agreement that stipulates a specific event or action must occur before the contract is considered effective or a duty is triggered.

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