Cancellation

Cancellation in United Kingdom

Definition of Cancellation

In accordance with the work A Dictionary of Law, this is a description of Cancellation :

1. (in equity) An order by the court that specified documents should no longer have effect. This may occur when a document has fulfilled its purpose but its continued existence could lead to improper claims against its maker.

2. (in commercial law) The right to cancel a commercial contract after it has been entered into. The right to cancel exists generally for contracts concluded at a distance (See distance selling), such as mail order and Internet sales when the contract is with a *consumer, and in particular in such sectors as time-share sales and consumer credit.


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