implied rescission

implied rescission
A rescission of a contract which the law implies when the parties make a new contract concerning the same matter with terms so inconsistent with the terms of the former contract that they cannot stand together. 17 Am J2d Contr § 493. A rescission of a contract by acts or conduct of the parties inconsistent with the continued existence of the contract. 17 Am J2d Contr § 494.

Ballentine's law dictionary. . 1998.

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