RIGHT OF TERMINATION

right of termination

right of termination. A remedy involving the ending of contractual relations, accorded to a party to a contract when the other party breaches a duty that arises under the contract. • The right of termination is contrasted with a right to rescind, which arises when the other party breaches a duty that arises independently of […]

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right of termination

right of termination 〈英〉终止合同的权利 亦作「right to terminate」,是合同的一种救济。指如果一方当事人违反了约定的合同义务,则法律赋予无过错一方终止合同的权利,并可以追究对方的违约责任。与之相对的是撤销合同的权利〔right to rescind〕,后者产生于一方当事人违反独立于合同的某些义务之时,但对于可能造成的损害,无过错一方不能主张违约损害赔偿,只能以欺诈等理由寻求救济。(→right to rescind)

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