Which of the following is true about rescission and restitution?
A) Rescission and restitution are designed to give the non-breaching party the benefit of the bargain.
B) Rescission and restitution occur when a party seeks compensatory damages.
C) Rescission and restitution usually occur together.
D) Rescission and restitution are available only when the subject matter of the contract is unique.
E) Rescission and restitution are available only if the breaching party has committed fraud.

Question

Quizplus · Accepted Answer

Rescission and restitution often occur together as rescission cancels the contract and restitution restores the parties to their pre-contractual positions.

Which of the Following Is True About Rescission and Restitution