Rücktrittskosten
Rücktrittskosten, translated as cancellation fees or withdrawal costs, are financial penalties incurred when a party withdraws from a contract or agreement before its completion or intended fulfillment. These costs are typically stipulated within the contract itself and serve to compensate the non-breaching party for losses or inconveniences arising from the early termination.
The nature and amount of Rücktrittskosten vary significantly depending on the type of contract. In tourism,
Employment contracts can also contain provisions for Rücktrittskosten, particularly in cases of early resignation by an
It is crucial for individuals entering into contracts to carefully review and understand the clauses related