Breaches are permissible under circumstances where it is economically efficient not to fulfill the conditions of the contract.

Name: Breaches are permissible under circumstances where it is economically efficient not to fulfill the conditions of the contract.
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Question

Quizplus · Accepted Answer

Economic efficiency may require breaching a contract if it would result in lower overall costs or greater benefits. However, such breaches must be justified and can still result in legal and financial consequences.

Breaches Are Permissible Under Circumstances Where It Is Economically Efficient