Correct

废止

/ fèizhǐ / 
Strokes

Definition

to repeal (a law)/to put an end to/abolition/annulled

Example

As a Verb

annul; abolish; nullify; put an end (to); repeal; revoke

1
Fèizhǐ
废止
xiéyì
协议

nullify an agreement

2
Fèizhǐ
废止
hétong
合同

avoid/annul a contract