Actually, @hearkat is 100 percent right, it can occur, however, it’s in a purely theoretical context, and rarely if ever is possible under most listening conditions.
The waves have to be identical, be exactly 180 degrees out of phase, and have the same amplitude and frequency; the remotest possibility for creating this would be with “pure” sine waves (which are not naturally occurring in nature and not very musical).
Also directionality of sound waves plays into that as well, as higher frequency waves tend to be more directional (their shorter wavelengths the current driver technologies which are mostly horn-based tweeters make for some very limiting constraints.
The listener has to be in a “sweet spot” to hear the phenomenon, and the space that this is happening has to be absolutely free of any room reflections (an anechoic chamber); the actual cancelation of energy can occur, but I suspect that in that process, the energy has to be converted somehow (absorbed?) into heat energy at the nodes (where the standing waves are created at the walls of the room?)...now my physics and memory are getting very foggy…
Under most listening conditions, and with most stereophonic sound, if the stereo image is to be preserved, many many factors can determine accuracy.