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Amwelladmin (talk | contribs) Created page with "To declare a contract at an end as a result of a fundamental breach by the other person, with the mind to sue the naughty fellow for damages. ===Compare=== *rescind" |
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To declare a contract at an end as a result of a fundamental breach by the other person, with the mind to sue the naughty fellow for [[damages]]. | May be: | ||
*'''Nice''': To [[unwind]] a [[transaction]] by consent before its [[scheduled maturity]], subject to mutually agreed [[breakage costs]]; | |||
*'''Nasty''' (also known as “[[early termination]]”): To unilaterally declare a contract at an end as a result of a fundamental breach by the other person, with the mind to sue the naughty fellow for [[damages]]. | |||
*[[ | {{sa}} | ||
*[[Rescind]] | |||
*[[Unwind]] | |||
Revision as of 14:46, 13 June 2019
May be:
- Nice: To unwind a transaction by consent before its scheduled maturity, subject to mutually agreed breakage costs;
- Nasty (also known as “early termination”): To unilaterally declare a contract at an end as a result of a fundamental breach by the other person, with the mind to sue the naughty fellow for damages.