Rescission I

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,...

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Lessons

1. Compensatory Damages
2. Injunctions and Restitution