Selected Cases by Article & Issues
(1) The right of a party to terminate the contract is exercised by notice to the other party.
(2) If performance has been offered late or otherwise does not conform to the contract the aggrieved party will lose its right to terminate the contract unless it gives notice to the other party within a reasonable time after it has or ought to have become aware of the offer or of the non-conforming performance.
|1||Termination by notice to non-performing party||5|
|1.1||Form and content of notice||1|
|1.2||Time of notice||1|
|1.3||Notice must be received (see Art 1.9)||1|