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2. Rescission (contract law) - Wikipedia

   en.wikipedia.org/wiki/Rescission_(contract_law)

   First, where a party to a contract exercises an express right of termination, he or she is sometimes said to have exercised a right to rescind the contract. Secondly, where a party is faced with a repudiation, the party can elect to terminate the contract; this too has often been referred to as an election to rescind. "Rescission" at common law.

3. Anticipatory repudiation - Wikipedia

   en.wikipedia.org/wiki/Anticipatory_repudiation

   The Privy Council ruled in 1966 that a party who asserts "a genuinely held but erroneous view as to the effect of the contract" should not be treated as in repudiation, but in the case of Vaswani v Italian Motors, a car seller's conduct went beyond mere assertion of such an opinion, and in demanding more money for a sale than the agreed price ...

4. Rescission - Wikipedia

   en.wikipedia.org/wiki/Rescission

   Rescission is the noun form of the verb "to rescind." It may refer to: Rescission (contract law) Rescission bill, a procedure to rescind previously appropriated funding in the United States

5. Sale and purchase of ship - Wikipedia

   en.wikipedia.org/wiki/Sale_and_purchase_of_ship

   The time of delivery may or may not be an essential part of the contract depending on the clause of the contract. If time is of the essence, the buyer can have the option to cancel the contract when delivery is not made by the stipulated date. Furthermore, the seller also must avoid misrepresentation.

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7. Right of first refusal - Wikipedia

   en.wikipedia.org/wiki/Right_of_first_refusal

   Because a ROFR is a contract right, the holder's remedies for breach are typically limited to recovery of damages. In other words, if the owner sells the asset to a third party without offering the holder the opportunity to purchase it first, the holder can then sue the owner for damages but may have a difficult time obtaining a court order to ...