Multiple Choice
Lou and Mira want to rescind their contract under which Lou sold an MP3 player to Mira for $50. To rescind the contract
A) Lou must return the $50 and Mira must return the player.
B) Lou must return the $50 only.
C) Mira must return the player only.
D) the parties can keep the "benefits" of their bargain.
Correct Answer:

Verified
Correct Answer:
Verified
Q5: Lava Excavators,Inc. ,needs a drill to continue
Q9: Even-Flo Hydraulics enters into a contract to
Q26: A party seeking to recover in quasi
Q31: Restitution involves one party's recapture of a
Q41: Reformation allows a court to rewrite a
Q42: Compensatory damages are foreseeable damages that arise
Q62: A enters into a contract with B
Q68: Consequential damages are awarded to cover all
Q69: Hybrid Corporation enters into a contract with
Q71: If a party breaches a contract, the