5. Resolution or termination of the project

5.1 Definition

Rescission, or in common parlance "cancellation of contract for non-performance of conditions", is the most intransigent sanction, as it puts an immediate end to the contract.

There are two concepts: the French Civil Code, reformed by the ordinance of February 10, 2005, refers to the "resolution" of the contract, whereas standard NF P03–0001 refers to the notion of "termination".

According to tradition, the distinction is as follows:

• resolution of the contract has retroactive effect, which means that the contract is deemed never to have existed, and the parties must be returned to the situation they were in prior to the contract. In this case, all sums paid must be returned;

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