________ requires that both the parties return to the other any consideration already received or pay for any services or materials already rendered.

Question

Quizplus · Accepted Answer

Mutual rescission is the cancellation of a contract by mutual agreement between the parties involved. It requires both parties to return any consideration that has already been exchanged or pay for any work that has already been completed. It effectively terminates the contract, and neither party has any further obligations or rights under it.

________ Requires That Both the Parties Return to the Other