Examlex
Consequential theories of ethics emphasize the character of the act itself, not its effects, in arriving at universal moral rights and wrongs.
Rescission
A remedy in which the contract is canceled and the parties are returned to the positions they occupied before the contract was made.
Contract
A legally binding agreement between two or more parties that outlines duties, obligations, and conditions that are enforceable by law.
Canceling
The act of terminating or revoking an agreement, event, or obligation before it is completed.
Material Fact
A fact that is important to the subject matter of the contract.
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