Rescinsion vs. Rescission

By Jaxson

  • Rescission

    In contract law, rescission has been defined as the unmaking of a contract between parties. Rescission is the unwinding of a transaction. This is done to bring the parties, as far as possible, back to the position in which they were before they entered into a contract (the status quo ante).

  • Rescinsion (noun)


  • Rescission (noun)

    An act of removing, taking away, or taking back.

  • Rescission (noun)

    The undoing of a contract; repeal.


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