Quiz 14: Breach of Contract and Remedies
If the Exchanged Consideration Is Consumed or Otherwise Unavailable,there Cannot
If the exchanged consideration is consumed or otherwise unavailable,there cannot be a valid restitution following a rescission of the contract.
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Rescission and restitution are designed to give the parties the benefit of the bargain.
Restitution consists of returning the goods,property,money,or other consideration received from the other party.
If the goods or property have been consumed or are otherwise unavailable,restitution must be made by conveying a cash equivalent.
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