The Remedy of Rescission Is Not Available If the Plaintiff

question 52

True/False

The remedy of rescission is not available if the plaintiff does not bring an action seeking rescission within a reasonable time.

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Definitions:

Transcription

The process by which the information in a strand of DNA is copied into a new molecule of messenger RNA (mRNA).

Protein

Large biomolecules, or macromolecules, consisting of one or more long chains of amino acid residues essential for the structure, function, and regulation of the body's cells, tissues, and organs.

RNA

Ribonucleic acid, a molecule essential for various biological roles including coding, decoding, regulation, and expression of genes.

DNA

Deoxyribonucleic Acid, a molecule that carries the genetic instructions used in the growth, development, functioning, and reproduction of all known living organisms and many viruses.