Two Parties Can Mutually Agree to Rescind a Contract Only

question 27

True/False

Two parties can mutually agree to rescind a contract only to the extent that it has been executed-otherwise, there is nothing to rescind.

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Definitions:

Spatial Orientation

The ability to recognize one's position in space relative to the environment, involving the understanding of directions, distances, and locations.

Self-evaluation

The process of introspectively assessing one's own abilities, performance, or qualities to facilitate personal development or improvement.

Person

An individual human being.

Thinks

The process of considering or reasoning about something; the cognitive activity associated with using the mind to form ideas and make decisions.