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vladimir1956 [14]
2 years ago
14

Rescission, suit for specific performance, liquidated damages, and acceptance of partial performance are all examples of what?

Social Studies
1 answer:
marin [14]2 years ago
8 0

Rescission, suit for specific performance, liquidated damages, and acceptance of partial performance are all examples of options a wronged party that has to remedy a breach of contract.

In jurisprudence, recession has been outlined because the unmaking of a contract between parties. Recession is that the moving of a group action. this can be done to bring the parties, as way as doable, back to the position within which they were before they entered into a contract.

Specific performance is a remedy developed by principle of equity. a celebration to a contract who is broken as a result of the contract is broken by another party has the choice to file a suit for execution compelling to perform his a part of contract.

To learn more about Recession here

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