When Does a Party Breach a Contract

question 58

Essay

When does a party breach a contract?

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Definitions:

Max Weber

A German thinker in the fields of sociology, philosophy, and political economics whose concepts significantly impacted the study and theory of society.

McDonaldization

A term referring to the process by which the principles of the fast-food industry, such as efficiency, calculability, predictability, and control, have come to dominate other sectors of society.

George Ritzer

A sociologist known for his work on the McDonaldization thesis, which suggests that society is becoming more efficient and predictable but also more irrational.

Social Loafing

The occurrence in which people put in less effort towards achieving an objective when they are part of a group than when they are working by themselves.