Liability of party preventing event on which the contract is to take effect

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..... y preventing event on which the contract is to take effect. 53. When a contract contains reciprocal promises, and one party to the contract prevents the other from performing his promise, the contract .....

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..... is voidable at the option of B; and, if he elects to rescind it, he is entitled to recover from A compensation for any loss which he has incurred by its non-performance. - - statute, statutory provi .....

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