right to rescind

right to rescind. The remedy accorded to a party to a contract when the other party breaches a duty that arises independently of the contract. • The right to rescind is contrasted with a right of termination, which arises when the other party breaches a duty that arises under the contract. — Also termed right of rescission. [Cases: Contracts 258. C.J.S. Contracts §§ 456, 461–463, 465–467, 472, 476.]
专业法律词汇 词条贡献者
双语律师Matthew,国际知名法学院法律专业,擅长翻译各类与商业秘密起诉与调查相关的法律文件。
Scroll to Top