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Что (кто) такое rescind$69537$ - определение

REMEDY WHICH ALLOWS A CONTRACTUAL PARTY TO CANCEL THE CONTRACT

Rescind; Rescission of contract; Rescinded

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.

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.

https://en.wikipedia.org/wiki/Rescission_(contract_law)

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'.

Википедия

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)