Remedies for Misrepresentation

    Cards (4)

    •  Remedy of Rescission - Sets the contract aside and puts the parties back to where they were
    • Damages - Financial payment to compensate the injured party.
      It is not always possible to rescind the contract
    • Where innocent party affirms the contract by indicating that they wish to continue and not rescind
    • Lapse of time - may not be able to rescind
    See similar decks