Which of the following is true of the remedy of avoidance used by an injured party of a contract?

Question

Quizplus · Accepted Answer

The remedy of avoidance can only be used in case a fundamental breach of the contract has been observed. It is not an automatic remedy and requires notification to the injuring party. Avoidance does not revoke all provisions governing the rights and duties of the parties, but only those provisions that are affected by the breach. It does not cancel out any provisions in the contract concerning the settlement of disputes, but rather, it provides a basis for resolving the dispute arising from the breach.

Which of the Following Is True of the Remedy of Avoidance