efficient breach theory

efficient-breach theory. Contracts. The view that a party should be allowed to breach a contract and pay damages, if doing so would be more economically efficient than performing under the contract. • This relatively modern theory stems from the law-and-economics movement. See BREACH OF CONTRACT. [Cases: Contracts 275. C.J.S. Contracts § 502.]

---

词条贡献者

法律翻译Julie，毕业于一所培养最顶级翻译人才的语言学院，专注翻译各类与欧洲通信法规有关的法律文件。