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Explanation: Normally, caducidad is either "expiry" or "lapse", but both imply an end to the validity due to the passing of a pre-agreed period of time. But a contract is rescinded for OTHER reasons (breach, non-compliance, force majeure, etc.) which are not really ordinary reasons.
Parrot Spain Local time: 21:49 Native speaker of: English PRO pts in pair: 7645