Tag Archives: the truth about default



Default: n. not doing an event(s) and/or a duty(s) which is frequently required by contract

Defaulting on a loan or defaulting on a contract and not fulfilling your obligations under it are usual default examples.

You may also be a defaulting parent and not fulfilling your parental duties but unfortunately this is just an implied social contract or obligation and many defaulting parents are not punished by law.

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