What is the name of the equitable remedy for a breach of contract that is awarded to an innocent party if both parties cannot be totally or substantially restored to their pre- contract position?

Question

Quizplus · Accepted Answer

The equitable remedy for a breach of contract that is awarded to an innocent party if both parties cannot be totally or substantially restored to their pre-contract position is rescission. Rectification is a remedy for correcting mistakes in the contract, while restitution is a remedy for returning property or money. Therefore, option A and B are incorrect. Option D includes all the remedies, while option E only includes rectification and restitution, which are not the correct answer to the question.

What Is the Name of the Equitable Remedy for a Breach