What is the effect of unilateral termination of a contract on guarantees provided against advance payments?
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Radiif AI Legal Assistant
⚡ Quick Answer:
Unilateral termination of the contract necessitates a re-evaluation of the guarantees provided against advance payments. The party unilaterally terminating the contract may not claim enforcement of the guarantee without considering its own obligations, the reasons for termination, and the extent to which the other party has fulfilled its obligations.
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