WebFeb 14, 2015 · Definition of Rescission Noun The undoing or termination of a contract that may have been entered into as a result of misrepresentation, fraud, or undue influence. Origin 1605-1615 Late Latin rescissiōn Use and Effect of Contract Rescission WebThe fact that some of the materials that form part of the subject matter of the contract have been returned is not conclusive as to whether rescission has occurred. Consideration An agreement to rescind a prior contract must be based on a sufficient consideration, an …
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Webrescission: 1 n (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 Synonyms: recission Type of: cancellation the act of cancelling; calling off some … Webrescission noun [ C or U ] LAW formal uk / rɪˈsɪʃ ə n / us / rɪˈsɪʒən / the act of officially ending a law, taking back a decision, or saying that an agreement no longer exists: All investors have rescission rights. They are seeking a rescission of the merger and … solingen campingplatz
Recision Definition & Meaning - Merriam-Webster
WebApr 12, 2024 · [Federal Register Volume 88, Number 70 (Wednesday, April 12, 2024)] [Rules and Regulations] [Pages 21890-21900] From the Federal Register Online via the Government Publishing Office [www.gpo.gov] [FR Doc No: 2024-07181] ===== ----- SMALL BUSINESS ADMINISTRATION 13 CFR Part 120 RIN 3245-AH92 Small Business … WebRescission is the termination of an insurance contract by the insurer because facts have been concealed or misrepresented by the proposer. An insurer usually seeks a … WebDefinitions of recission 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” synonyms: … small basic code games