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2006

Contract term

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Waiver Or Modification: That Is The Question, Michael G. Hillinger Jan 2006

Waiver Or Modification: That Is The Question, Michael G. Hillinger

Faculty Publications

The elusive distinction between waiver and contract modification has reared its head in Massachusetts. What's the difference? A party who "waives" a contract term can retract the waiver in the absence of the other party's detrimental reliance, whereas a party cannot unilaterally retract a contract modification. Stating the legal consequences that flow from each event is easy. Figuring out which event has occurred is not.