What is the legal right (or remedy) available when one party to a contract fails to fulfill its obligation to supply a commodity after receiving its price?
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Radiif AI Legal Assistant
⚡ Quick Answer:
The aggrieved party is entitled to request the rescission of the contract and the recovery of the paid price, in the event of the other party's failure to supply the agreed-upon commodity. This is based on the principle of no harm and the obligation to fulfill contracts.
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