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Display titleContracts/Rescission
Default sort keyContracts/Rescission
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Page ID20943
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Page creator66.36.212.62 (talk)
Date of page creation14:45, July 30, 2005
Latest editorLost Student (talk | contribs)
Date of latest edit02:26, April 15, 2020
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In contract law, rescission is an equitable remedy which allows a contractual party to cancel the contract. Parties may rescind if they are the victims of a vitiating factor, such as misrepresentation, mistake, duress, or undue influence.[1] Rescission is the unwinding of a transaction. This is done to bring the parties, as far as possible, back to the position in which they were before they entered into a contract (the status quo ante).
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