Examlex
Explain under what circumstances a principal can be held liable for torts committed by an agent.
Offer of Performance
In contract law, an attempt made by one party to fulfill their part of the agreement, indicating willingness to adhere to the terms of the contract.
Tender
An offer of payment or service in fulfillment of an obligation, such as in contract performance or debt repayment.
Material Breach
A significant violation or failure to perform a contract's stipulated duty, justifying the other party's termination of the agreement.
Nonbreaching Party
An entity or individual in a contract who has not violated any terms of the agreement.
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