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.]
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资深译员Lester,毕业于美国一流的高级翻译学院,专注翻译各种与复杂国际仲裁有关的法律文件。
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