TheMidwestMonger
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Simple English definitions for legal terms
jus poenitendi
Read a random definition: no-term lease
A quick definition of jus poenitendi:
Term: jus poenitendi
Definition: Jus poenitendi is a Latin term that refers to the right to cancel or withdraw from a contract that has not yet been fully executed if the other party fails to fulfill their obligations. In simpler terms, it means that if someone doesn't do what they promised in a contract, the other person has the right to cancel the agreement.
A more thorough explanation:
jus poenitendi
Jus poenitendi is a legal term that refers to the right of a person to cancel or revoke a contract if the other party fails to fulfill their obligations.
For example, if you hire a contractor to build a house and they fail to complete the work on time or to the agreed-upon specifications, you may have the right to cancel the contract and find a new contractor. Similarly, if you purchase a car and it turns out to be defective, you may be able to return it and get your money back.
These examples illustrate how jus poenitendi can protect consumers and ensure that contracts are fair and equitable. It gives individuals the power to hold others accountable for their actions and to seek remedies when they are wronged.