Types of Contract Invalidity

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In English law, what type of breach is required for termination?

Serious breach

Under French law, who plays a significant role in determining if termination is warranted?

Courts

What does the German law mandate as a requirement for termination?

A second chance to perform (nachfrist)

In French law, how does termination occur?

From notice by the creditor or judicial decision

What must the termination clause specify according to French law?

Specific obligations leading to termination

What condition triggers termination in German law under Civil code § 323?

Failure to perform in accordance with the contract after an additional period

Who may terminate the contract under German law if an additional period for performance or cure has been fixed but not honored?

Creditor

Learn about the different types of contract invalidity, including void, voidable, and illegality. Understand the consequences of each type in the eyes of the law and how statutory provisions impact contract legality.

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