See Also: RESOLUTION, Civil law(law)
Purchase and sale(finance)
Purchase and sale(money)
Specialist block purchase and sale(money)
Specialist block purchase and sale(finance)
Matched sale purchase transactions(finance)
Matched Sale Purchase Transactions(money)
resolution(dictionary)
Resolution(finance)
resolution(dictionary)

RESOLUTION, Civil law (law) and Purchase and sale (money)


RESOLUTION, Civil law (law)


RESOLUTION, Civil law. The act by which a contract which existed and was good, is rendered null. good, is rendered null. 2. Resolution differs essentially from rescission. The former 2. Resolution differs essentially from rescission. The former presupposes the contract to have been valid, and it is owing to a cause presupposes the contract to have been valid, and it is owing to a cause posterior to the agreement that the resolution takes place; while posterior to the agreement that the resolution takes place; while rescission, on the contrary, supposes that some vice or defect annulled the rescission, on the contrary, supposes that some vice or defect annulled the contract from the beginning. Resolution may be by consent of the parties or contract from the beginning. Resolution may be by consent of the parties or by the decision of a competent tribunal; rescission must always be by the by the decision of a competent tribunal; rescission must always be by the judgment of a court. 7 Troplong, de la Vente, n. 689; 7 Toull. 551; Dall. judgment of a court. 7 Troplong, de la Vente, n. 689; 7 Toull. 551; Dall. Dict. h.t. Dict. h.t.

Purchase and sale (money)


Definition: [crh] A method of securities distribution in which a firm purchases securities from Definition: the issuer for its own account at a stated price and then resells them, as contrasted with a best-efforts saleDefinition: .