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From legal perspective, rescission of a contract is distinguishable from cancellation of a contract. Rescission reverts the contract to the day it had not been signed
rescission definition: The act of rescinding. Law The termination of a contract by mutual agreement or as a result of fraud or some legal defect.
Rescission The act of abolishing a contract and restoring, as far as possible, the status quo ante. While legal systems differ on the precise reasons for which a
If someone violates part of a contract, then the other party might seek rescission, meaning the contract will be declared void. Thesaurus. Definitions of rescission. 1.
Definition of rescission in the Definitions.net dictionary. Meaning of rescission. What does rescission mean? Information and translations of rescission in the most
Legal definition for RESCISSION OF CONTRACT: The act of making a contract void and releasing the parties to the agreement.
Definition of RESCISSION OF CONTRACT: 1. The intention to void a voidable contract and release both parties from any obligations. 2. The unmaking of a contract by a
What Does Contract Rescission Mean? Contract rescission refers to the termination or cancellation of a contract. It is sometimes called "cancellation" or
In contract law, rescission (to rescind or set aside a contract) has been defined as the unmaking of a contract between the parties. Rescission is the unwinding of a
The cancellation or annul ment of a transaction or contract by operation of law or by mutual consent. "Rescission": The legal remedy of Flag Definition.
Law The termination of a contract by mutual agreement or as a result of fraud or some legal defect. re·scis?so·ry adj. Rescission - definition of rescission by
Law The termination of a contract by mutual agreement or as a result of fraud or some legal defect. re·scis?so·ry adj. Rescission - definition of rescission by
Definition of rescission: The cancellation or annulment of a transaction or contract by mutual consent or by law.
rescission definition, meaning, English dictionary, synonym, see also 'rescissory',recision',rescissible',remission', Reverso dictionary, English definition, English

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August 2017