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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. Reservation of rights - Wikipedia

   en.wikipedia.org/wiki/Reservation_of_rights

   The term "reservation of rights" (particularly a "reservation of rights letter”) is often used in connection with insurance claims. The insurance company issues a reservation of rights letter stating that it may deny coverage for some or all of the claim even while the company is investigating the claim or beginning to treat the claim as if ...

4. Invitation to treat - Wikipedia

   en.wikipedia.org/wiki/Invitation_to_treat

   A contract is a legally binding voluntary agreement formed when one person makes an offer, and the other accepts it. There may be some preliminary discussion before an offer is formally made. Such pre-contractual representations may include "invitations to treat", "requests for information" or "statements of intention".

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7. Offer and acceptance - Wikipedia

   en.wikipedia.org/wiki/Offer_and_acceptance

   In a unilateral contract, acceptance may not have to be communicated and can be accepted through conduct by performing the act. [11] Nonetheless, the person performing the act must do it in reliance on the offer. [12] A unilateral contract differs from a bilateral contract, where there is an exchange of promises between two parties. For example ...

8. 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 ...

9. Reds decline Joey Votto's contract option for 2024 season ...

   www.aol.com/sports/reds-decline-joey-vottos...

   Reds decline Joey Votto's contract option for 2024 season, end 22-year relationship. Callie Lawson-Freeman. November 4, 2023 at 3:05 PM ... $225 million contract, which was a franchise record ...