[
UK
/ɹɪsˈɪʃən/
]
[ US /ɹɪˈsɪʒən/ ]
[ US /ɹɪˈsɪʒən/ ]
NOUN
-
(law) the act of rescinding; the cancellation of a contract and the return of the parties to the positions they would have had if the contract had not been made
recission may be brought about by decree or by mutual consent
How To Use rescission In A Sentence
- As with misrepresentation, certain bars operate to prevent rescission.
- The defendants claim rescission of the Charge Agreement or damages.
- Non-compliance with the disclosure requirement under the Act exposes franchisors to significant consequences, including rescission of franchise agreements.
- The trio then promptly lodged a rescission, along with a notice of motion proposing a nine-member council.
- fraudulent inducement," warranting "equitable rescission" of the deed to Windermere, and the return of title to MBC. Undefined
- The plaintiff seeks restitution based on rescission of the contract as a result of the failure of the defendant to disclose.
- ‘As has been seen, that has been the decision where rescission is ordered of a sale by a trustee to himself’.
- Labor disputes mostly embody the rescission of employer-employee relationship. How to dissolve the labor relation is the problem that the labor and the capital both have to face.
- So this was not a threat to revoke, this was a notice of rescission or revocation.
- The plaintiff sued to recover the final payment and the owners counterclaimed for ‘rescission’ and for the return of money paid.