He decided to back out of the deal at the last minute
She was going to invest, but she backed out due to the risks
I was surprised when he backed out of the project
They backed out of the agreement because they couldn't afford it
The company threatened to back out if their demands weren't met
Hey, I've got some exciting news about the beach cleanup we planned!
Oh, awesome! What's up? Is everyone still in, or has anyone had to back out?
Fantastic! I'm glad to hear it! So, what kind of supplies do you think we should bring to make sure we're prepared for anything?
He chose to withdraw from the deal at the last minute
He rescinded his agreement to the deal at the last minute
He pulled out of the deal at the last minute
He canceled his participation in the deal at the last minute