Simple English definitions for legal terms
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Term: Cancellation
Definition: Cancellation means getting rid of a document by crossing it out, tearing it up, or damaging it so that it is no longer valid. In legal terms, cancellation happens when one person ends a contract because the other person broke the rules. It is different from recission, which is when a contract is undone because of fraud or a mistake. Cancellation is a formal way of saying that something is no longer required by law.
Cancellation is the act of making a document void by destroying it, defacing it, or making lines through it. In contract law, cancellation occurs when one party ends a contract due to the other party's breach. It is a formal nullification of a legal obligation.
These examples illustrate how cancellation involves making something no longer valid or binding. In each case, the original document or agreement is destroyed or nullified in some way.