👉 Procuration is a legal concept in the field of international law that refers to the act of making or attempting to make a contract voidable. It is typically used in contracts where one party wants to prevent another from entering into a binding agreement, and they are willing to pay damages for not being able to fulfill their contractual obligations. This can be useful when parties have already entered into a contract but want to avoid the risk of losing any money or other assets due to non-performance.
