The Right To Cancel a Contract

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Wondering about breaking a contract? Well, there are actually a variety of ways you can legally get out of a contract, depending on your situation. For instance, if one party committed fraud or even simply misrepresented an aspect of the agreement that is crucial to you, you may be relieved from having to live up to it. Also, if there was some big mistake that happened – for instance, if one or both of you mistakenly believed a product or a service to be of a special type that later turned out to be false, then even that honest mistake could be a basis for not enforcing the contract or, perhaps, revisiting it. Other times, circumstances may arise that render the performance due under the agreement simply impossible to complete. And certainly, if the other side breaches, or doesn’t live up to their end of the deal, it may be a valid reason to get out of your side. Finally, if the contract wasn’t properly entered into, it may lack the legal sufficiency required for enforcement.