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  2. Breach of contract - Wikipedia

    en.wikipedia.org/wiki/Breach_of_contract

    A contract lays down what must be done, what cannot be done, and when it must be done. If what was prescribed has not been done within the stipulated or reasonable period, there has been a breach of contract. A further form of breach of contract is conduct indicating an unwillingness or inability to perform an obligation arising from that contract.

  3. Exclusion clause - Wikipedia

    en.wikipedia.org/wiki/Exclusion_clause

    There are various methods by which a party may seek to exclude or mitigate liability by use of a contractual term: True exclusion clause: The clause recognizes a potential breach of contract, and then excuses liability for the breach. Alternatively, the clause is constructed in such a way it only includes reasonable care to perform duties on ...

  4. What to do when your mortgage servicer gets hacked - AOL

    www.aol.com/finance/mortgage-servicer-gets...

    If your mortgage servicer is the victim of a breach, it might offer support. For instance, Mr. Cooper promised two years of free credit monitoring and identity protection services with TransUnion.

  5. Good faith (law) - Wikipedia

    en.wikipedia.org/wiki/Good_faith_(law)

    A breach of Contract A may occur if the owner (or an owner's officer or representative, see vicarious liability), provides information, changes specification during the tendering process to unfairly benefit a particular bidder, enters into closed negotiations with an individual bidder in an effort to obtain more desirable contract conditions ...

  6. Accord and satisfaction - Wikipedia

    en.wikipedia.org/wiki/Accord_and_satisfaction

    Another example would be where a lender agrees to lend $100,000 at 5.0% interest for 30 years, and at the closing the loan documents are all drawn up for a loan with a 6.0% interest rate. If the lender agrees to reduce the closing costs by an extra $1000 and the borrowers agree, then there has been an accord and satisfaction.

  7. Tortious interference - Wikipedia

    en.wikipedia.org/wiki/Tortious_interference

    Inducing a breach of contract was a tort of accessory liability, and an intention to cause a breach of contract was a necessary and sufficient requirement for liability; a person had to know that he was inducing a breach of contract and to intend to do so; that a conscious decision not to inquire into the existence of a fact could be treated as ...

  8. Legal malpractice - Wikipedia

    en.wikipedia.org/wiki/Legal_malpractice

    Under U.S. law, in order to rise to an actionable level of negligence (an actual breach of a legal duty of care), the injured party must show that the attorney's acts were not merely the result of poor strategy, but that they were the result of errors that no reasonably prudent attorney would make. While the elements of a cause of action for ...

  9. Exculpatory clause - Wikipedia

    en.wikipedia.org/wiki/Exculpatory_clause

    Within a contract, an exculpatory clause is a statement that aims to prevent one party from holding the other party liable for damages. [1] An exculpatory clause is generally only enforceable if it does not conflict with existing public policy. [2]

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