Rescission Definition & Meaning - Merriam-Webster
The meaning of RESCISSION is an act of rescinding.
Rescission - Definition, Examples, Cases, Processes - Legal …
Feb 14, 2015 · Rescission defined and explained with examples. The undoing or termination of a contract entered into as a result of misrepresentation or fraud. Legal Dictionary
What Is Rescission? Requirements, How It Works, and Example - Investopedia
Apr 17, 2024 · 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 possible,...
Rescission (contract law) - Wikipedia
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 misrepresentation, mistake, duress, or undue influence. [1] Rescission is …
rescission | Wex | US Law | LII / Legal Information Institute
Rescission is available to a party when there has been a misrepresentation of a material fact, and the misrepresentation was made to be relied on, and has been relied on. The typical reasons for rescission include fraud, duress, unilateral or mutual mistake, and inadequacy of consideration.
RESCISSION | definition in the Cambridge English Dictionary
RESCISSION meaning: 1. the act of officially ending a law, taking back a decision, or saying that an agreement no…. Learn more.
RESCISSION | English meaning - Cambridge Dictionary
RESCISSION definition: 1. the act of officially ending a law, taking back a decision, or saying that an agreement no…. Learn more.
Rescission legal definition of rescission - TheFreeDictionary.com …
The abrogation of a contract, effective from its inception, thereby restoring the parties to the positions they would have occupied if no contract had ever been formed.
rescission Definition, Meaning & Usage | Justia Legal Dictionary
Definition of "rescission" Termination of a contract through consensual understanding between involved parties ; How to use "rescission" in a sentence. The couple decided on the rescission of their lease agreement when they found a better apartment. Due to a misunderstanding, the companies had to consider a rescission of their business partnership.
Rescind - Definition, Examples, Cases, and Processes - Legal …
Sep 13, 2018 · 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 previously entered into. The parties can either agree between themselves to rescind the contract, or they can bring the matter before the court and have a judge sign off on it.
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