Two parties can mutually agree to rescind a contract if it is executory.
Correct Answer:
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Q2: Rescission is the substitution of one party
Q3: Rescission is the dissolution of a contract
Q3: To be legally sufficient,consideration must include something
Q4: Failing to use the word consideration in
Q6: If a promise is made, it will
Q7: A transaction that lacks a bargained-for exchange
Q11: Risks ordinarily assumed in business do not
Q12: A promise to do something that one
Q16: In contract law, "consideration" refers to the
Q20: Risks ordinarily assumed in business constitute consideration
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