Full question:
What is the difference between a technical breach and a material breach? What is the Doctrine of Mutuality?
- Category: Contracts
- Subcategory: Breach of Contract
- Date:
- State: New York
Answer:
A technical breach refers to a minor deviation from the contract's terms, while a material breach is significant enough to impact the contract's value. The Doctrine of Mutuality states that a contract must involve an exchange of reciprocal promises. This doctrine does not apply to unilateral contracts.This content is for informational purposes only and is not legal advice. Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.