Asked by
Lydia Clogger
on Nov 27, 2024Verified
The failure of one party to perform under a contract entitles the other party to rescind the contract.
Rescind The Contract
The legal action of canceling or nullifying a contract, effectively terminating the agreement and releasing the parties from their obligations.
Failure To Perform
The inability or refusal to fulfill a contractual obligation or duty.
- Acquire knowledge on the notions of damages and remedies as they pertain to contract law.
Verified Answer
AV
Learning Objectives
- Acquire knowledge on the notions of damages and remedies as they pertain to contract law.