Legal Definitions - rescissio

Definition: Rescission is a legal term that means to cancel or void a legal agreement or contract. It is the act of undoing or annulling a juridical act.

Example: If a person signs a contract to buy a car, but later discovers that the car has serious mechanical problems that were not disclosed, they may seek rescission of the contract to cancel the agreement and get their money back.

Explanation: In this example, the person who bought the car has the right to rescind the contract because the seller did not disclose important information about the car's condition. Rescission allows the buyer to cancel the contract and get their money back, as if the contract never existed.