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Can a contract be terminated verbally? The Grand Ayatollah Makarem’s answer

SHAFAQNA – The Grand Ayatollah Makarem [1] answered a question about terminating a contract.

Question: For terminating a contract, in addition to verbal cancellation, is there any other act necessary to imply the termination?

The Grand Ayatollah Makarem: Verbal cancellation will suffice on its own as is also terminating it practically on its own.

Source: PERSIAN SHAFAQNA