avoidance of contract

  

Definition

Legal cancellation (frustration) of a contract when it is impossible to continue, or inequitable to force its performance. All the parties to the contract are thereby released from their obligations.

Related Videos




http://www.businessdictionary.com/definition/avoidance-of-contract.html

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z