meaning of avoidance of contract

avoidance of contract meaning in Law Dictionary

Cancelling a contract with regards to can't be continued or perhaps is no more profitable. The functions tend to be circulated from their particular agreements.

avoidance of contract meaning in Business Dictionary

Legal termination (frustration) of a contract when it is impractical to carry on, or inequitable to make its performance. All of the functions toward agreement tend to be thus introduced from their obligations.