Examlex
If the product of two numbers is 1, they are said to be:
Specific Performance
A legal remedy requiring a party to fulfill their obligations under a contract, typically used when monetary damages are inadequate compensation.
Condition Precedent
An event or condition that must occur before a party is obligated to perform under a contract.
Condition Subsequent
A condition in a contract that, if it occurs, terminates the party's obligation or alters the terms of the agreement.
Rescission
Rescission is the legal act of unmaking or terminating a contract, returning the parties involved to their positions prior to the contract's existence.
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