Contratos y EjecuciónPregunta 811 de 1605

Rescission as a contract remedy means:

a.Awarding double the contract price
b.Canceling the contract and restoring the parties, as far as possible, to their pre-contract positions
c.Adding new terms to the contract
d.Forcing the other party to complete performance

Explicación

Rescission cancels the contract and seeks to return both parties to the positions they held before contracting, often requiring the return of money or property exchanged (restitution). It is the opposite of specific performance, which compels completion. Rescission neither adds terms nor awards multiplied damages; it unwinds the deal, and is available for grounds such as fraud, mistake, or material breach.

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Revisado por Abraham Chen Licensed California General Contractor (CSLB License #1101856 verificar)
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