Kentucky Statutes 355.2-720 – Effect of “cancellation” or “rescission” on claims for antecedent breach
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Unless the contrary intention clearly appears, expressions of “cancellation” or “rescission” of the contract or the like shall not be construed as a renunciation or discharge of any claim in damages for an antecedent breach.
Effective: July 1, 1960
History: Created 1958 Ky. Acts ch. 77, sec. 2-720, effective July 1, 1960.
Effective: July 1, 1960
Terms Used In Kentucky Statutes 355.2-720
- Contract: A legal written agreement that becomes binding when signed.
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
History: Created 1958 Ky. Acts ch. 77, sec. 2-720, effective July 1, 1960.