rescission of contract

Exertion of the right of rescission is necessary to rescind a contract.

第三,解除权的行使与消灭.

The formal value of fundamental breach of contract lies in its restriction of the right of contract rescission. The substantial significance lies in balancing of the interests between the defaulting party and non-defaulting party.

根本违约规则的形式价值在于限制合同解除权，实质意义在于平衡违约方与非违约方之间的利益及社会利益。

The rescission of the contract will not be available after the completion of the sale.

交易完成后，原合同便不能被废除。

The lawful rescission of contract is an important institution Contract Law.

合同法定解除制度是合同法一项重要的制度.

Meanwhile, grasping the spirit and principles of contract law will help to improve the comprehension and applying of the right of rescission.

而对合同法基本精神和原则的把握又有利于深化对撤消权制度具体规定的理解和准确运用。