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Quicksilver Delivery Service Contracts to Deliver Pete's Pizza Parlor's Products

Question 41

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Quicksilver Delivery Service contracts to deliver Pete's Pizza Parlor's products to its customers for $5,000,payable in ad?vance.Pete's pays the money,but Quicksilver fails to perform.Can Pete's rescind the contract? Can Pete's also ob?tain restitution? What does it mean to "rescind" a contract? How is a contract rescinded? What is restitution? How is restitution accom?plished? Explain.

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Yes,Pete's can rescind the contract and ...

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