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Source Conditions Complete Contracts and UCC Article 2 List Matched to this deck.

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0 tracked cards Contracts

A software vendor agreed to install an inventory system by May 1. The vendor delivered a working system on May 2, but one minor report format needed correction. The buyer refused to pay the entire contract price and canceled the contract. The vendor argues that any breach was minor.
Which statement best describes the legal effect of material versus minor breach?

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Every late payment is automatically a material breach. A material breach gives the injured party no remedy unless the contract says so. No breach is material unless the contract involves goods. A material breach can suspend or excuse the injured party's remaining duties while a minor breach generally allows damages but not total nonperformance.

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