The remedy of rescission provides the injured party under a real estate contract with the following relief:
A) Contract is terminated and party is entitled to reimbursement for expenses.
B) Contract is terminated with no reimbursement for expenses.
C) Contract is terminated and injured party is entitled to recover lost profits.
D) None of the above

Question

Quizplus · Accepted Answer

Rescission terminates the contract and typically allows the injured party to be reimbursed for expenses incurred due to the contract.

The Remedy of Rescission Provides the Injured Party Under a Real