The Remedy of Rescission Is Not Available If the Parties

question 164

True/False

The remedy of rescission is not available if the parties cannot be returned to their original positions because the subject matter of the contract has been destroyed or damaged.

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Definitions:

Organizational Culture

The shared values, beliefs, and practices that shape how an organization's members interact and work together.

Strategic Leadership

The ability to influence others towards the achievement of long-term organizational goals.

Corporate Governance

The system of rules, practices, and processes by which a company is directed and controlled, focusing on the interests of stakeholders, including shareholders, management, customers, suppliers, financiers, government, and the community.