Wikia

The IT Law Wiki

Cancellation

31,969pages on
this wiki
Talk0

Uniform Commercial Code Edit

Under Section 2-106(4) of the Uniform Commercial Code (U.C.C.),

cancellation occurs when either party puts an end to the contract for breach by the other and its effect is the same as that of termination except that the cancelling party also retains any remedy for breach of the whole contract or any unperformed balance.

Around Wikia's network

Random Wiki