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Describe the effect of a waiver of a breach of contract

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Reference no: EM131077092

1. What constitutes a breach of contract? Explain what constitutes a breach of contract and an anticipatory breach of contract. Describe the effect of a waiver of a breach of contract.

2. Explain what constitutes consideration. Make sure to discuss how "bargain for exchange," "love and affection" and "benefit-detriment" approaches to consideration.

Required response 200 words each of question.

Reference no: EM131077092

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