nonfeasance definition

nonfeasance

Failure to carry out an act required by law, or failure to perform a duty or satisfy an obligation, such as the timely repayment of a loan (as specified in a loan agreement). In comparison, an improper or negligent performance of a lawful act is misfeasance, and the carrying out of an unlawful act is malfeasance.

nonfeasance is in the Corporate, Commercial, & General Law subject.

nonfeasance appears in the definitions of the following terms: misfeasance and malfeasance

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