In contract law, rescission is an equitable remedy which allows a contractual party to cancel the contract. Parties may rescind if they are the victims of a vitiating factor, such as …

The meaning of RESCISSION is an act of rescinding.

2015年2月14日 · In contract law, the term “rescission” refers to the undoing, or “unmaking” of a contract between parties. Rescission of a contract may be ordered by a court as an equitable …

2024年4月17日 · Rescission is when a contract is rendered null, void, and no longer legally binding. The courts can free non-liable parties from their agreed obligations and, when …

Recission is the cancellation of a contract. A rescission may be unilateral , as when a party rightfully cancels a contract because of another party's material breach. Rescission can also …

2018年9月13日 · To rescind something in law means to invalidate it. Examples of rescission often come up in contract law, as parties may decide to void, or rescind, a contract they had …

2022年9月19日 · Rescission is an equitable remedy that voids or annuls the terms of a contract. It is granted to a litigant in cases of innocent misrepresentation, fraud, or any other action on …

A mutual mistake concerning a material fact entitles the party affected by the mistake to rescind the contract, unless the contract has already been completed and rescission would be an …

Find the legal definition of RESCISSION from Black's Law Dictionary, 2nd Edition. Rescission, or the act of rescinding, is where a contract is canceled, annulled, or abrogated by the parties, or …

RESCISSION meaning: 1. the act of officially ending a law, taking back a decision, or saying that an agreement no…. Learn more.