Simple English definitions for legal terms
Read a random definition: bearer instrument
Procurement of breach of contract refers to the act of intentionally causing someone to break a contract they have with another person or company. This is also known as tortious interference with contractual relations. It is considered a wrongful act and can result in legal consequences for the person who caused the breach. Essentially, it means that someone has intentionally caused harm to a business relationship between two parties by encouraging one party to break their agreement with the other.
Procurement of breach of contract refers to the act of intentionally causing a party to breach a contract they have with another party. This is also known as tortious interference with contractual relations.
For example, if Company A has a contract with Company B to provide services, and Company C convinces Company B to break the contract and work with them instead, Company C has committed procurement of breach of contract.
Another example is if an employee has a contract with their employer that prohibits them from working for a competitor for a certain period of time after leaving the company. If a competitor hires that employee before the contract expires, they have committed procurement of breach of contract.
These examples illustrate how one party intentionally causes another party to break a contract, which can result in legal action being taken against them.