This article discusses the best example of rescission of a contract, which is when a contract is canceled due to a breach in the agreement by one of the parties. Rescission allows for a party to be released from their obligations under the contract and sets the parties back to their pre-contract positions. The best […]
Rescission is a process that cancels a contract and restores both parties to the same positions they were in before the contract was signed. It is often used when one party feels that the other party misrepresented or induced a contract with fraudulent or illegal means. An example of rescission would be a timeshare cancellation […]