Paralegal Advanced Competency Exam (PACE) Practice Exam

Disable ads (and more) with a membership for a one time $2.99 payment

Study for the Paralegal Advanced Competency Exam (PACE). Utilize flashcards and multiple-choice questions designed to enhance your knowledge of paralegal standards and competencies. Prepare effectively and increase your chances of passing!

Practice this question and more.

What does the term "breach" signify in law?

A new legal obligation established
A complete fulfillment of a contract
A failure or violation of a legal obligation
An agreement between two parties

The correct answer is: A failure or violation of a legal obligation

In legal terms, "breach" signifies a failure or violation of a legal obligation. This can refer to various contexts, such as a breach of contract where one party fails to fulfill their duties under the contract, or a breach of duty in tort law, where an individual fails to act with the care that a reasonable person would exercise, leading to potential harm to another party. Understanding this concept is critical, as breaches can have legal consequences, such as the aggrieved party seeking remedies such as damages or specific performance. The other options do not accurately reflect the meaning of "breach." Establishing a new legal obligation, fulfilling a contract, or an agreement between two parties does not capture the essence of failing to comply with existing legal duties, which is the core of what a breach represents.