New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Remedy of rescission of

    contract
    A Is the same as specific performance Correct Answer Incorrect Answer
    B Is opposite of specific performance Correct Answer Incorrect Answer
    C Does not affect specific performance Correct Answer Incorrect Answer
    D Makes specific performance easy Correct Answer Incorrect Answer

    Solution

    Rescission of a contract is remedy offered for a contract if entered in by mis- representation, mutual rescission is possible only if both the parties can be restored to the original position before the entry in to contract.

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