Fact Pattern 12-B1
Sal contracts with Tasty Pizza Company to deliver its products.Both parties change their minds,however,and inform each other that they would like to cancel the contract.
-Refer to Fact Pattern 12-B1.Sal and Tasty
A)may rescind their entire contract.
B)may rescind their contract to the extent that it is executory.
C)must perform their entire contract.
D)must perform the part of their contract that is executory.

Question

Fact Pattern 12-B1 
Sal contracts with Tasty Pizza Company to deliver its products.Both parties change their minds,however,and inform each other that they would like to cancel the contract.
-Refer to Fact Pattern 12-B1.Sal and Tasty
A)may rescind their entire contract.
B)may rescind their contract to the extent that it is executory.
C)must perform their entire contract.
D)must perform the part of their contract that is executory.

Quizplus · Accepted Answer

Since both Sal and Tasty Pizza Company have informed each other that they want to cancel the contract, the contract can be rescinded to the extent that it is executory, meaning any parts that have not yet been performed. Therefore, they do not have to perform the entire contract but only the parts that are already in motion.