Cancellation
Term · Law · MLC-T-LAW-000834
The act of terminating a legal document, contract, or obligation, thereby rendering it null and void. This can occur by mutual consent, by one party exercising a contractual right, or by court order. The effect of cancellation is generally to relieve the parties of their future obligations under the agreement.
| Identifier | MLC-T-LAW-000834 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-000834",
"term": "Cancellation",
"field": "Law",
"definition": "The act of terminating a legal document, contract, or obligation, thereby rendering it null and void. This can occur by mutual consent, by one party exercising a contractual right, or by court order. The effect of cancellation is generally to relieve the parties of their future obligations under the agreement.",
"url": "https://mlchart.com/terminology/law/cancellation/"
}
Record 640 of 5,445 in Law terminology (MLC-0107). Request the full dataset.