Etymology:
Meaning:
Recision is the legal act of canceling or nullifying a contract or other legal agreement.
Origin:
The concept of recision has its roots in Roman law. In Roman law, recisio was a legal action that allowed for the cancellation of a contract due to fraud, duress, or other vitiating factors.
During the Middle Ages, the concept of recision was adopted by canon law and later by common law. In common law, recision is available in cases where there has been a material breach of contract, fraud, misrepresentation, or other grounds that make the contract voidable.
Today, recision is a widely recognized legal remedy in many countries. It allows parties to a contract to terminate the agreement and restore the parties to their pre-contractual positions.
Etymology Origin Latin Word recidīvus falling back relapsing Components re
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