For a contract to rescind,the parties to the contract must restitute the considerations received under the contract.

Question

Quizplus · Accepted Answer

Restitution of consideration is a necessary requirement for rescinding a contract. It means that both parties must return the benefits they received from the contract back to each other. This is to ensure that both parties are put back in the position they were in before the contract was made. Without restitution, a contract cannot be properly rescinded.

For a Contract to Rescind,the Parties to the Contract Must