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  1. #1
    Hanka is offline Senior Member
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    Default general expression

    Hi,

    I am trying to find a general expression covering expiration, termination, extinguishment of a contract.
    In my opinion, "expiration" = the lapse of the term of the contract and "termination" = e.g. by agreement of the parties or on the basis of a notice. But is there any expression covering all the possibilities meaning that the contract ceased to exist? Like "cessation"?

    Thank you very much.

    Hanka

  2. #2
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    curmudgeon is offline Key Member
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    Default Re: general expression

    A contract could be deemed 'null and void' for a variety of reasons, including mutual agreement or the transgression of one of the parties, or by the elapse of time, failure to meet a deadline etc

  3. #3
    Hanka is offline Senior Member
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    Default Re: general expression

    Thank you, but Iīd prefer a noun. And I think that "null and void" means that it is no longer valid, but is it the same as "cease to exist"?

    Hanka

  4. #4
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    Default Re: general expression

    Ah, you said 'expression'. How about 'anulled'?

  5. #5
    Hanka is offline Senior Member
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    Default Re: general expression

    It still isnīt the right one I think that annulment is not general. I think that it does not cover e.g. "expiry".

    Hanka

  6. #6
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    Default Re: general expression

    OK I'll think about it.

  7. #7
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    Default Re: general expression

    This is an extract from 'Wickpedia':

    Setting aside the contract

    There can be three different ways in which contracts can be set aside. A contract may be deemed 'void', 'voidable' or 'unenforceable'. Voidness implies that a contract never came into existence. Voidability implies that one or both parties may declare a contract ineffective at their wish. Unenforceability implies that neither party may have recourse to a court for a remedy. Recission is a term which means to take a contract back.

    I think you need a lawyer

  8. #8
    mykwyner is offline Key Member
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    Default Re: general expression

    How about "invalid" meaning "without force in law."

  9. #9
    Hanka is offline Senior Member
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    Default Re: general expression

    Actually, I am looking for a noun like "cessation of a contract" (is this not possible to say?)

    Thank you very much.

    Hanka

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