loputusvõimalus
Loputusvõimalus, which translates to "termination option" or "cancellation possibility" in English, refers to a clause within a contract or agreement that grants one or both parties the right to end the contract prematurely under specific conditions. This concept is prevalent in various legal and commercial contexts, including employment contracts, service agreements, leases, and loan agreements.
The existence and terms of a loputusvõimalus are typically negotiated and explicitly stated in the contract.
Understanding the loputusvõimalus is crucial for all parties involved in an agreement. It provides a degree