New Jersey Statutes 12A:2-720. Effect of “cancellation” or “rescission” on claims for antecedent breach
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Terms Used In New Jersey Statutes 12A: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.
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.
L.1961, c. 120, s. 2-720.