Rescission is a court-awarded damage arising from unusual losses which the parties knew would result from breach of the contract.
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Q1: Material breach represents a less-than-complete performance.
Q3: Once the seller transfers the goods to
Q3: A party to a contract is discharged
Q5: The parol evidence rule states that parties
Q6: An employment contract is an example of
Q8: Complete performance discharges a party to a
Q9: When parties fail to provide details, the
Q10: Increased difficulty of performance or reduced profitability
Q11: Under the UCC a party to a
Q18: A contracting party has no duty to
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