Hợp đồng & Thực hiệnCâu 811 / 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
Giải thích
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.
Luyện miễn phí toàn bộ 1605 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- A general contractor unequivocally tells the owner two weeks before the start date, 'We will not be doing your project at all.' This statement is an example of:
- The doctrine of 'substantial performance' generally allows a contractor who has performed in good faith with only minor, non-material defects to:
- Specific performance, a remedy that compels a party to actually perform the contract, is most commonly granted in disputes involving:
- A written change order in construction is best described as:
- During a remodel, the owner asks the contractor to add a skylight not in the original plans. The BEST practice before performing this extra work is to:
- A contractor performs extra work at the owner's oral request but has no written change order. When the owner refuses to pay, the contractor's recovery may still be possible under which theory?
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Sen Lin, Người sáng lập PrepPass · Đối chiếu với California CSLB Contractor License Law & Business Exam · Quy trình kiểm tra
Người kiểm duyệt Abraham Chen — Licensed California General Contractor (CSLB License #1101856 — kiểm tra)