THE MEANING OF THE EXPRESSION: “RESCISSION BY OPERATION OF LAW”
DOI:
https://doi.org/10.15837/aijjs.v7i4.846Keywords:
rescission, termination, formal notice, non-performance, judicial reviewAbstract
The non-compliance of the debtor's obligations doesn't lead automatically to thetermination of the contract, even if a legal or a contractual resolutory clause is incident.
Rescission by operation of law makes that the court's intervention to be limited, compared to
the case of unilateral and judicial rescission.
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