The equitable remedy of rescission restores the parties to their original position.

Name: The equitable remedy of rescission restores the parties to their original position.
Brand: Quizplus
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Question

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Rescission is a remedy that cancels a contract and restores the parties to their original position before the contract was made. It is an equitable remedy that aims to undo the effects of a contract that was entered into under mistake, fraud, undue influence, or duress.

The Equitable Remedy of Rescission Restores the Parties to Their