Explanation of Article 400
Since reconciliation involves a waiver by the reconciler of the right, the article has determined that the waiver terms included in the reconciliation contract should be interpreted narrowly within the limits of the rights that were the subject of the dispute. For example, if a partner reconciles with his partners over what he is entitled to from the company's profits, the reconciliation should only cover what he actually deserved from profits, not what he deserves in the future. Similarly, if a buyer reconciles with the seller over a defect in the sold item, it should only cover the defect that appeared at the time of reconciliation; if a defect appears afterward, it is not included in the reconciliation.
Related To
Article 400
Statements in a reconciliation contract relating to relinquishment shall be subject to narrow interpretation within the purview of the right subject of the dispute.