If You Anticipate That the Other Party to a Contract

question 438

True/False

If you anticipate that the other party to a contract will breach the contract, you must wait until the breach occurs before taking an alternative course of action or you will have breached the contract.

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Definitions:

Ethics-Based Principles

Moral guidelines that govern the behavior and decision-making of individuals or organizations.

Determination of Rights

The process of legally establishing or affirming individuals' entitlements or privileges under the law.

Organization's Culture

The shared values, beliefs, and practices that shape the social and psychological environment of a business or entity.

Ethical Misconduct

Ethical misconduct involves actions or behaviors by an individual or organization that violate ethical standards or principles.