Asked by
Jessica Villarreal
on Dec 18, 2024
Verified
Where there has been rescission, there must have been reliance.
Rescission
The legal act of cancelling or terminating a contract, returning all involved parties to their original positions.
Reliance
The act of depending on or trusting in something or someone, often in the context of reasoning or making decisions.
- Clarify the legal recourse present in instances of misrepresentation, with specific attention to innocent and fraudulent misrepresentation.
- Understand the importance of prompt measures in seeking legal resolutions for disagreements over contracts.
Verified Answer
TT
Learning Objectives
- Clarify the legal recourse present in instances of misrepresentation, with specific attention to innocent and fraudulent misrepresentation.
- Understand the importance of prompt measures in seeking legal resolutions for disagreements over contracts.
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