Default of Acceptance (Creditor's Default)

The creditor does not accept the performance.

Default of acceptance occurs when the creditor does not accept a properly offered performance. This has consequences: for example, eased liability for the debtor or, in employment law, the duty to pay wages even though no work was done.

The relevant statutes

§ 293 BGB

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Related terms

Default
Performance (Discharge)

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General explanation for self-help, not legal advice (RDG). Individual cases may differ: if in doubt, contact a consumer advice center or a lawyer.