Rescission of a contract is generally a voluntary act by the parties.

Name: Rescission of a contract is generally a voluntary act by the parties.
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Rescission of a contract is a remedy that discharges the parties from their obligations under the contract, typically agreed upon by both parties or granted by a court when a contract is deemed voidable due to reasons like misrepresentation, fraud, mistake, or lack of capacity.

Rescission of a Contract Is Generally a Voluntary Act by the Parties