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#contract #discharge #law
The innocent party must therefore make his decision to terminate the contract known to the party in default (Vitol SA v Norelf Ltd, The Santa Clara [1996] 3 All ER 193). The point was made strikingly by Asquith LJ, in Howard v Pickford Tool Co Ltd [1951] 1 KB 417, where he observed that: 'An unaccepted repudiation is a thing writ in water and of no value to anybody: it confers no legal rights of any sort or kind.'
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