The annulment option?

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Hello everyone. I have a question. In Islamic law (fiqh) there is a term for the legal ability to annul a contract as long as the meeting is not over. In Arabic it's called خیار المجلس. In Persian خیار مجلس.
Can you tell me the closest term for it in English?
Thank you very much in advance.

Full Member196

1 comment

Anonymous:

Hi there

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.

Storm

ariphrp:

well, I suggest you to check in Arabic-English Dictionary first.. it is not easy to answer this question here actually

Junior Member93

ariphrp:

All I can understand is only المجلس means board/council

l3lack_light:

ok. Khiar-almajles I think.

AlpheccaStars:

Many states in the US have laws of contract termination, usually within a period of 3-7 days after the contract is signed. It is always a contract for buying something, where the buyer was subject to a high-pressure sales technique. The time to cancel is called the "cooling off" period, where the buyer may have second thoughts. So sometimes these laws are informally called "cooling-off cancellation laws" Here is one example, from California.

http://www.dca.ca.gov/publications/legal_guides/k-6.shtml

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.

Veteran Member15,102

2 comments

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.

1 comment

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.

Anonymous:

Anytime.

The annulment option?

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