Rescission I
This lesson will cover the equitable remedy of rescission of contracts based on mistake.
Transcript
This is one of two videos concerning the equitable remedy of rescission, which cancels a contract between two parties. In some cases, a plaintiff files a claim for rescission, while in other cases a defendant files a counterclaim seeking rescission after the plaintiff sues for breach of contract.
I. Introduction to Rescission
Rescission can occur for a variety of reasons, including mutual or unilateral mistake,...