IRISH BUSINESS LAW
Terminating A Contract
You can terminate your contractual obligations in a number of ways. The most common is by performing the obligations of the contract. If, however, there is a problem performing the contract obligations, you can also terminate a contract by rescission, breach, or impossibility of performance.
Impossibility of Performance
The performance refers to the completion of contractual obligations. Once the performance is completed, neither party is further obligated to owe anything. Impossibility of performance might terminate a contract if some unforeseen happening precludes the completion of the performance.
Rescission
A contract may be rescinded by either of the parties via legal means, or by both parties through an agreement to rescind the contract. A minor may always rescind a contract due to a minor's incompetency to make a contract.
Breach of Contract
A breach of contract may occur when a party:
- Refuses to perform the obligations of the contract
- Performs an act that violates the terms of the contract
- Prevents the other party from performing its obligations.
Our Goal
The goal of our firm is to provide honest, courteous and diligent representation while striving to keep your legal costs down and making the legal process as easy as possible on you.
Call us for a no-obligation consultation
Explore our law articles and learn more about us
Rest easy knowing your case is in experienced hands
* In contentious business a solicitor may not calculate fees or other charges as a percentage or a proportion of any award or settlement.
The solicitors at Damian Nolan & Co.,
Solicitors (incorporating William A.
James & Co.)
have more than 40 years of combined experience
in the following areas of law:
Residential conveyancing, commercial conveyancing, family law, divorce, separations, child custody matters, personal injury*, business law, wills and probate, civil litigation*, employment law, defamation, civil litigation*
Telephone:
1-800-444 333 