Cancelled Order

Cancelled Order refers to a status where the buyer or seller, after order confirmation and before delivery of goods, unilaterally or by mutual agreement terminates the execution of the order. Usage scenarios include: buyer cancellation due to market changes or financial issues; seller cancellation due to inability to supply or rising costs; or mutual cancellation due to force majeure (e.g., pandemic, war). Precautions: Cancelling an order may involve liability for breach of contract, and should be handled according to contract terms (e.g., force majeure, termination clauses) or international trade practices (e.g., CISG); if a deposit or letter of credit has been paid, refund or amendment must be negotiated; after cancellation, relevant parties (freight forwarder, factory) should be notified promptly and written evidence retained. Unlike 'Return', cancellation occurs before shipment, while return occurs after receipt; unlike 'Order Modification', cancellation is complete termination, while modification adjusts quantity, price, etc. Foreign trade practitioners should clarify the reason for cancellation, responsibility allocation, and cost bearing to avoid disputes.