Define: Feasance

Feasance
Feasance
Quick Summary of Feasance

Feasance refers to the act of performing or executing a task that is necessary to be done.

Full Definition Of Feasance

Feasance, pronounced as fee-zuhns, refers to the act of fulfiling an obligation or condition. For instance, signing a contract, completing a project on time, and successfully performing a surgery are all examples of feasance. These examples demonstrate that feasance involves the act of fulfiling a duty or obligation. In each case, there is a specific task or responsibility that needs to be accomplished, and the act of completing it is considered feasance.

Feasance FAQ'S

Feasance refers to the act of performing an action or fulfilling a duty or obligation.

Feasance involves actively performing an action, while non-feasance refers to the failure to perform an action or fulfill a duty.

Yes, feasance can be legally required if it is part of a contractual obligation, statutory duty, or professional responsibility.

Examples of feasance include fulfilling contractual obligations, complying with legal regulations, providing necessary disclosures, and meeting professional standards.

The consequences of non-feasance can vary depending on the specific circumstances. It may result in breach of contract claims, professional negligence allegations, or legal liability for any resulting harm or damages.

Non-feasance may be excused if there are valid reasons for the failure to perform, such as unforeseen circumstances, impossibility, or legitimate excuses recognized by law.

Yes, feasance can be enforced through legal action if there is a breach of contract or violation of legal obligations. The injured party may seek remedies such as damages, specific performance, or injunctions.

Feasance is a fundamental principle in professional ethics, requiring professionals to act diligently, competently, and in the best interests of their clients or stakeholders.

Feasance can be waived or modified through a contract if both parties agree to such terms. However, certain legal obligations may not be easily waived or modified, especially if they are mandated by law.

To ensure feasance in legal obligations, it is important to understand and comply with applicable laws, regulations, and contractual terms. Seeking legal advice, maintaining proper documentation, and acting in good faith can also help mitigate risks associated with non-feasance.

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Disclaimer

This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.

This glossary post was last updated: 17th April 2024.

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