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» Economics » Topics begins with C » Cancellation


Page modified: Friday, June 23, 2006 20:29:05

A cancellation (cancellation) is the back completion of a reservation or a contract.

In the account system reservations with a counter posting are cancelled (general reversal). All amounts on its opposite side, active on the passive must be turned around, booked and. A simple deletion is not possible.

In the contracting can be withdrawn, if the contracting parties agree, simply from the contract. Perhaps however cancellation fees fall, or conventional penalties on (see also sales contract).


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