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UCC
The Uniform Commercial Code comprises a complete framework of rules that dictate the conduct of all commercial transactions within the United States.
Rescission
The termination of a contract.
Contract
A contract that is enforceable by law, involving two or more parties, which specifies their duties and entitlements.
Nonbreaching Party
The party in a contractual agreement who has not failed to fulfill any contractual obligations or terms.
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