Contract act

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Querist : Anonymous

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Querist : Anonymous (Querist)
24 October 2011 meaning of following:

remission
restitution
repudiation
recission

25 October 2011 Remission: means to give
Restitution: also mean to give but it is used in the sense, if you have taken benefit from a contract which is void, you have to return back the benefit.
Repudiation: means to leave contract if other party breaches it
Recission: also means to leave contract, but it is used to denote making contract extinct.

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Querist : Anonymous

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Querist : Anonymous (Querist)
25 October 2011 thanks alot sir ...




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