accountingtore.blogg.se - Material breach

In the context of securities fraud, any misrepresentation must be material to give rise to liability.As another example, a material breach of contract refers to a court finding that a party failed to satisfy their obligations significantly enough to where the aggrieved party is entitled to a remedy. For example, the term “material adverse effect” is used to describe events which alter the parties’ expectations so significantly that the event extinguishes the parties’ obligations under the contract. In the context of contract law, material refers to an event that significantly impacts the parties’ expectations under the contract.

To illustrate, issues affecting a witness’ credibility are generally always relevant, and they are material because if their testimony cannot be believed then the development of facts will be significantly altered. having a tendency to make a fact more or less probable. influencing the determination of the action, and probative, i.e.

In the context of evidence law, relevant evidence must be material, i.e.

An issue of material fact precludes summary judgment because the issue is relevant and consequential.

In the context of civil procedure, a general issue of material fact refers to an actual, plausible issue of fact that must be decided by a jury or judge.

It can be used in the following contexts:

Material means important information, generally significant enough to determine an issue.