Book One: Obligations · Section One: Sources of Obligation · Chapter One: The Contract · Part Five: Effects of the Contract · First: Effects of the Contract as Between the Contracting Parties
In bilateral contracts, if the reciprocal obligations are due for performance, each of the contracting parties may refrain from performing their obligation if the other contracting party fails to perform what they have undertaken.
Interpretation and application must be checked against the official text and current version.
