How does 'By Breach' terminate a contract?

The concept of 'By Breach' refers to the termination of a contract when one party fails to fulfill their obligations as stipulated in the agreement. This failure can be due to not performing a duty, not delivering goods, or not paying for services, thereby violating the terms of the contract. When a party does not meet these obligations, it creates a situation where the other party is entitled to terminate the contract, rendering it void. This action is a legal recognition that the breach has caused a fundamental change in the relationship established by the contract, justifying its dissolution.

In this context, the other options do not reflect the principle of 'By Breach.' Mutual agreement to terminate indicates a cooperative dissolution of the contract rather than a breach; fulfilling all obligations suggests successful completion of the contract rather than its termination; and recognizing unforeseeable events pertains to the idea of frustration of contract rather than a breach by one party. Each of these scenarios involves different legal principles, reinforcing why 'By Breach' specifically centers on a party's failure to meet contractual duties.