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First, where a party to a contract exercises an express right of termination, he or she is sometimes said to have exercised a right to rescind the contract. Secondly, where a party is faced with a repudiation, the party can elect to terminate the contract; this too has often been referred to as an election to rescind. "Rescission" at common law.
ACTUS has been implemented as a set of royalty-free, open standards for representing financial contracts. The standards combine three elements. First, a concise data dictionary that defines the terms present in a particular type of financial contract. Second, a simple but complete taxonomy of the fundamental algorithmic contract type patterns.
LL Fuller, MA Eisenberg and MP Gergen Basic Contract Law (9th edn 2013) CL Knapp, NM Crystal and HG Prince, Problems in Contract Law: Cases and Materials (7th edn Aspen 2012) Books. OW Holmes, The Common Law (1890) chs 7-9; G Gilmore, The Death of Contract (1974) ISBN 0-8142-0676-X; Articles. MR Cohen, 'The Basis of Contract' (1933) 46 Harvard ...
Financial regulation is a broad set of policies that apply to the financial sector in most jurisdictions, justified by two main features of finance: systemic risk, which implies that the failure of financial firms involves public interest considerations; and information asymmetry, which justifies curbs on freedom of contract in selected areas of financial services, particularly those that ...
The promise must be real and unconditional. This doctrine rarely invalidates contracts; it is a fundamental doctrine in contract law that courts should try to enforce contracts whenever possible. Accordingly, courts will often read implied-in-fact or implied-in-law terms into the contract, placing duties on the promisor.
Financial Institutions Regulatory and Interest Rate Control Act of 1978; Long title: An act To extend the authority for the flexible regulation of interest rates on deposits and accounts in depository institutions. Enacted by: the 95th United States Congress: Citations; Public law: Pub. L. 95–630: Statutes at Large: 92 Stat. 3641: Legislative ...
The contract says those who opt in to the deferred resignation program are expected to work until Feb. 28 and will be placed on paid administrative leave “no later than March 1.” They will ...
The court's carve out for Financial Core status has had a limited effect on unions in most cases. The exception is the entertainment unions with contracts in the film, television, and television commercial industry, which in some cases have been negatively affected.