Often it is more desirable to renegotiate a contract than to terminate one. What do you think may be some of the effects of a contract termination from the buyer’s perspective? What about from the seller’s perspective?
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Expert Answer
It is desirable to renegotiate e a contract rather than to teminate it. When a contract has been entered than their are various consideartions to it like a contract is done after considering its viabilty, feasiblty reports have been prepared , various cost analysis have been done etc.
So legally
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