Can you tell me the closest term for it in English?
Thank you very much in advance.
This is a diffucult question, and I was wondering if you could answer a few questions, to those of us who doesn't speak either Arabic or Persian.
What sort of meeting are we talking about here?
Is a a contract which is made in a court of law, or between 2 private parties, or between 2 business partners?
what's the word called without Arabic letters?
There are some 'options of annulment' in legal matters, but a lot of them depends on the matter itself.
Many business contracts have cancellation clauses. For example, if you buy a certificate of deposit, and want to cancel it before the end date, you pay a penalty.
Anonymous:In E.U. contracts are, by definition, legally binding, therefore it’s difficult to cancel without financial penalty unless you can prove breach of contract. In many situations however, such as buying goods from shops, you are able to cancel the contract and get your money back.
Under certain circumstances, you are given the right to cancel over a specific period of time. This is referred to as The Cancellation Period and the duration of this period depends on what you bought and the manner in which you bought it.
So if you ask Alphecca, in America it's called The Cooling Off Period, but in E.U. Countries, it's usally called The Cancellation Period.
Anonymous:I haven't heard of such a term within the laws of the E.U constitution. If there is a cancellation period, it must be stated within the terms of the contract.
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