☩ SOTERIAN GLOSSARY ☩

Living Language Lexicon of the Soteria Covenant

Efficient Breach

The economic theory that a party should breach a contract when the cost of performance exceeds the benefit to both parties — paying damages that leave the non-breaching party better off than performance would.

Category: Contract Law
0 terms published 0 awaiting endorsement
Propose a New Term

Submit a term for the community. Two endorsements from other members will publish it.

Per page: