Multiple Choice
Rescission of a contract means
A) that the parties must make a new agreement discharging each other from rights and obligations under the original contract.
B) that the parties must enter into a novation.
C) that the parties must accept substantial performance.
D) all of these.
Correct Answer:
Verified
Correct Answer:
Verified
Q6: One party's offer to perform a contract
Q7: Under the common law, an example of
Q8: Substituting a new third party for one
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Q10: Because of the harshness of the common
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Q13: What conditions must be met in order
Q14: A discharge by performance may not occur
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Q16: Contrast objective impossibility with commercial impracticability.