rescission

  • 31legal rescission — Rescission by act of parties. Aron v. Mid Continent Co., 141 Neb. 806, 4 N.W.2d 884, 886. See also rescind recission of contract void voidable …

    Black's law dictionary

  • 32rescission of a contract — annulment of a contract …

    English contemporary dictionary

  • 33Right Of Rescission — A right under federal law set forth by the Truth in Lending Act that gives a borrower the right to cancel a home equity loan or line of credit with a new lender, or to cancel a refinance transaction done with another lender other than the current …

    Investment dictionary

  • 34implied rescission — A rescission of a contract which the law implies when the parties make a new contract concerning the same matter with terms so inconsistent with the terms of the former contract that they cannot stand together. 17 Am J2d Contr § 493. A rescission …

    Ballentine's law dictionary

  • 35mutual rescission — An agreement between the parties to cancel their contract, releasing the parties from further obligations under the contract. The object of the agreement is to restore the parties to positions they would have occupied had no contract ever been… …

    Black's law dictionary

  • 36mutual rescission — An agreement between the parties to cancel their contract, releasing the parties from further obligations under the contract. The object of the agreement is to restore the parties to positions they would have occupied had no contract ever been… …

    Black's law dictionary

  • 37equitable rescission — Relief by way of rescission had in a court of equity without restoration by the plaintiff, prior to the commencement of the action, of that which he received from the defendant under the contract which he seeks to have rescinded. Morgan Munitions …

    Ballentine's law dictionary

  • 38unilateral rescission — A rescission of a contract by one party for cause. 17 Am J2d Contr § 501 …

    Ballentine's law dictionary

  • 39right of rescission — The right to void a contract without any penalty within three days as provided in the Consumer Credit Protection Act of 1968. Bloomberg Financial Dictionary …

    Financial and business terms

  • 40Misrepresentation in English law — is an area of English contract law, which allows a person to escape a contractual obligation or claim compensation for losses. If one person can show that she entered an agreement because of another person s false assurances, then the other… …

    Wikipedia