SIGNIFICANT NON-PERFORMANCE OF THE CONTRACT, CONDITION OF TERMINATION
SIGNIFICANT NON-PERFORMANCE OF THE CONTRACT, CONDITION OF TERMINATION
Author(s): Mihai Raul SeculaSubject(s): Law, Constitution, Jurisprudence, Civil Law
Published by: Österreichische Nationalbibliothek Wien/ Österreichisch-Rumänischer Akademischer Verein
Keywords: contract; termination; conditions of termination;
Summary/Abstract: Termination is the sanction that occurs in the event of the culpable non-performance of obligations arising from a bilateral contract with the performance of uno icto, consisting in its retroactive termination. In contractual matters, if, without justification, the debtor fails to fulfil his obligation, the non-performance is significant and the creditor does not require the enforcement of the contractual obligations, the latter may free himself from his correlative obligation, obtaining termination or termination of the contract.
Journal: Conferința Internațională Educație și Creativitate pentru o Societate Bazată pe Cunoaștere - DREPT
- Issue Year: XV/2021
- Issue No: XV
- Page Range: 40-44
- Page Count: 5
- Language: English