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canceling an agreement when and how sometimes contracts or agreements have to be cancelled as a business youll probably want your terms to explain how to end a contract if needed but cancellation terms shouldnt give your business excessive rights to counsel and you should make sure they dont unnecessarily put obstacles in the way of your customers canceling either for example if a term gives you the right to cancel the agreement whenever you want and without refunding your customer this is very likely to be unfair in the eyes of the law another example is if your terms dont allow your customer to counsel at all even when you have broken the contract or your customer has the right to a cooling-off period this could also be seen as unfair you cant enforce an unfair term against your customer so it wont protect you the CMA or trading standards can also take action to stop you using it fair terms will help prevent disputes save your time protect your business if things go wrong and