If one party materially breaches a contract,the other party is not only discharged from its performance but may also sue for damages.

Question

Quizplus · Accepted Answer

This is a correct statement. Material breach of a contract means that one party has failed to fulfill a significant part of its obligations under the contract. In such a case, the other party is discharged from its own obligation to perform and can also sue for damages caused by the breach.

If One Party Materially Breaches a Contract,the Other Party Is