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Rescission - Law Dictionary Search Results

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rescission

Matched in: Term rescission

Rescission

Matched in: Term Rescission

Rescission

Matched in: Term Rescission

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mistake

the facts existing at the time a contract is made and that may be a ground for the rescission or reformation of the contract b : a misconception at the time of an offense alleged by a

redhibition

(defective goods), from red- back + habēre to hold, have] in the civil law of Louisiana : the rescission of the sale of or a reduction in the purchase price of a thing that has a redhibitory

Abandonment

contracts of the sale of land, courts sometimes use the term abandonment as if it were synonymous with rescission, but the two should be distinguished. An abandonment is merely the acceptance by one party of the situation

preexisting duty rule

jurisdictions that have enacted the Uniform Commercial Code. It is also not applicable where there has been a rescission of the contract followed by a new contract.

recision

recision or re·cis·sion [-shən] n : rescission

Rescindment

The act of rescinding rescission

Concealment

of another. This must amount, in order to be deemed a fraud or to be a ground for rescission of the contract, to be suppression or non-disclosure of facts, which one, under the circumstances, is bound, both

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