A party is entitled to cancel a contract based on the other party's material breach.

Name: A party is entitled to cancel a contract based on the other party's material breach.
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Question

Quizplus · Accepted Answer

A material breach is a significant violation of the terms or conditions of a contract, and it gives the non-breaching party the right to cancel the contract. Therefore, a party is entitled to cancel a contract based on the other party's material breach.

A Party Is Entitled to Cancel a Contract Based on the Other