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LegalGems
LegalGems, Lawyer
Category: Consumer Protection Law
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Experience:  Research Attorney; Private Practice; Attorney Mentor; Mediator
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Is it possible to cancel an existing contract?

Customer Question

Is it possible to cancel an existing contract?
Submitted: 3 months ago.
Category: Consumer Protection Law
Expert:  LegalGems replied 3 months ago.

Hello! I will be reviewing your question and posting a response momentarily; if you have any follow up questions please respond here. Thanks!

Expert:  LegalGems replied 3 months ago.

Unfortunately a contract can only be cancelled if it was a result of specific facts, such as fraud, or duress, or the very subject matter is illegality because a contract that requires a person to do something that is illegal is void as against public policy. Also if one does not have 'mental capacity' then the contract is void.

Some contracts have a liquidated damage clause so a party can cancel if they pay the amount listed as liquidated damages.

Expert:  LegalGems replied 3 months ago.

Hello again; just checking in to see how things worked out;
if you have further questions please don't hesitate to reach out to me here on Just Answer.
Thanks!