Webdiscretionary meaning: 1. able to be decided by a particular person or group, rather than being controlled by rules, or…. Learn more. WebRescission (contract law) In contract law, rescission is an equitable remedy which allows a contractual party to cancel the contract. Parties may rescind if they are the victims of a vitiating factor, such as misrepresentation, mistake, duress, or undue influence. [1] Rescission is the unwinding of a transaction.
Remedy Wex US Law LII / Legal Information Institute
Web1 of 2 noun. rem· e· dy. plural remedies. : the means to enforce a right or to prevent or obtain redress for a wrong : the relief (as damages, restitution, specific performance, … WebA person may be forced to stop doing that which he should not do (injunction), but not forced to do what he will not do. Injunction An injunction is the second type of equitable remedy available in contract (it is also available in tort). It is a court order directing a person to stop doing that which she should not do. can you put matcha powder in coffee
What Is an Equitable Remedy? Everything You Need to Know
WebJun 7, 2024 · An injunction is a type of relief (or remedy) that a Country Court or the High Court may order. Where a court orders an injunction, the effect is that you are obliged to either do something or refrain from doing something. An injunction is a discretionary remedy, meaning that a court has the choice to order it if they think it is an adequate ... WebLeggatt LJ stated the following principle in relation to the exercise of a contractual discretion: “ Where A and B contract with each other to confer a discretion on A, that does not render B subject to A’s uninhibited whim. In my judgment, the authorities show that not only must the discretion be exercised honestly and in good faith, but ... Webdiscretionary remedy meaning, discretionary remedy definition English Cobuild dictionary Search Synonyms Conjugate Speak Suggest new translation/definition … bringing out the dead torrent