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rescind$69537$ - translation to greek
REMEDY WHICH ALLOWS A CONTRACTUAL PARTY TO CANCEL THE CONTRACT
Rescind; Rescission of contract; Rescinded
rescind
v. ακυρώ, καταργώ, ανακαλώ, αναιρώ
Definition
Rescind
II. Rescind ·vt Specifically, to vacate or make void, as an act, by the enacting authority or by superior authority; to Repeal; as, to rescind a law, a resolution, or a vote; to rescind a decree or a judgment.
Wikipedia
Rescission (contract law)
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. Rescission is the unwinding of a transaction. This is done to bring the parties, as far as possible, back to the position in which they were before they entered into a contract (the status quo ante).
