Redress

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August 31, 2024 4 min read Definitions
Recourse: Right of Redress in Contracts
Legal Finance Contracts Redress Contracts Legal Rights Compensation Obligations
The concept of recourse refers to the legal right of a party to demand redress or compensation if the terms of a contract are not fulfilled. It is a fundamental principle in various areas such as finance, banking, real estate, and insurance.
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