Where there has been a material breach of contract,the non-breaching party may ________ the contract and seek ________ of any compensation paid under the contract to the breaching party.
A) rescind; restitution
B) rescind; reclamation
C) abscond; restitution
D) abscond; reclamation
E) avoid; reclamation

Question

Quizplus · Accepted Answer

When there is a material breach of contract, the non-breaching party has the option to rescind or cancel the contract and seek restitution or the return of any compensation paid under the contract to the breaching party. Therefore, option A is the correct answer. Options B, C, D, and E are all incorrect as they do not accurately reflect the legal remedies available for a material breach of contract.

Where There Has Been a Material Breach of Contract,the Non-Breaching