Which of the Following Is True About Rescission and Restitution

question 125

Multiple Choice

Which of the following is true about rescission and restitution?

• A) Rescission and restitution are designed to give the non-breaching party the benefit of the bargain.
• B) Rescission and restitution occur when a party seeks compensatory damages.
• C) Rescission and restitution usually occur together.
• D) Rescission and restitution are available only when the subject matter of the contract is unique.
• E) Rescission and restitution are available only if the breaching party has committed fraud.

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Definitions:

Persuasive Message

Communication designed to influence or convince the audience of a specific viewpoint or to take a particular action.

Addressed

The act of directing attention or communication to a specific person or issue.

Credibility

The quality of being trusted and believed in, often based on a track record of honesty, reliability, and competence.

Interest and Desire

Interest and desire are stages in the AIDA marketing model that describe how to attract a customer's attention and then stimulate their desire for a product or service.