In the situation where misrepresentation occurs,where there has been rescission,there must have been reliance.

Question

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Rescission occurs when a contract is canceled because of a material misrepresentation. In order for rescission to occur, the deceived party (the one who was misled by the misrepresentation) must have relied on the misrepresentation in entering into the contract. Without reliance, there can be no rescission.

In the Situation Where Misrepresentation Occurs,where There Has Been Rescission,there