Which of the Following Statements Is True of Rescission

Multiple Choice

Which of the following statements is true of rescission?

A) It results in awarding monetary damages to a nonbreaching party that is intended to punish the breaching party of a contract.
B) It arises from unusual losses that were foreseeable.
C) If a party to a contract intentionally relinquishes a right to enforce the contract, a rescission occurs.
D) If a party to a contract choses rescission as a remedy, that party cannot also make a claim for damages.
E) If a party to a contract announces the other party does not have to perform as promised, a rescission exists.