What is the goal of the common law remedy of rescission?
A) It seeks to provide redress to the innocent party.
B) It seeks to provide monetary redress for harm incurred.
C) It seeks to return parties to their pre-contractual positions.
D) It seeks to enforce good faith in commercial transactions.

Question

Quizplus · Accepted Answer

Rescission aims to nullify a contract and restore the parties to the positions they were in before the contract was made, effectively undoing the agreement.

What Is the Goal of the Common Law Remedy of Rescission