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Qu'est-ce (qui) est Rescind - définition

REMEDY WHICH ALLOWS A CONTRACTUAL PARTY TO CANCEL THE CONTRACT

Rescind; Rescission of contract; Rescinded

rescind

[r?'s?nd]

¦ verb revoke, cancel, or repeal (a law, order, or agreement).

Derivatives

rescindable adjective

Origin

C16: from L. rescindere, from re- (expressing intensive force) + scindere 'to divide, split'.

Rescind

·vt To cut off; to Abrogate; to Annul.

II. Rescind ·vt Specifically, to vacate or make void, as an act, by the enacting authority or by superior authority; to Repeal; as, to rescind a law, a resolution, or a vote; to rescind a decree or a judgment.

rescind

v. to cancel a contract, putting the parties back to the position as if the contract had not existed. Both parties rescind a contract by mutual agreement, since a unilateral cancellation of a contract is a "breach" of the contract and could result in a lawsuit by the non-cancelling party. See also: rescission

Wikipédia

Rescission (contract law)

In contract law, rescission is an equitable remedy which allows a contractual party to cancel the contract. Parties may rescind if they are the victims of a vitiating factor, such as misrepresentation, mistake, duress, or undue influence. Rescission is the unwinding of a transaction. This is done to bring the parties, as far as possible, back to the position in which they were before they entered into a contract (the status quo ante).

https://en.wikipedia.org/wiki/Rescission (contract law)

Exemples du corpus de texte pour Rescind

1. That brought a quick decision to rescind the proposed cut.

2. Hamas has refused to rescind its call for Israel‘s destruction.

3. He said that he hopes officials will rescind their decree.

4. Court proceedings are initiated to rescind the property owner‘s deed.

5. Democrats immediately urged Bush to rescind the order.