What Happens After a Representee Decides to Rescind a Contract

question 5

Multiple Choice

What happens after a representee decides to rescind a contract?

• A) The whole transaction will be set aside and both parties restored to their original positions.
• B) If the misrepresentation was innocent, the representee is free from his future obligations under the contract but must fulfil pre-existing ones.
• C) The representee can set aside parts of the transaction which he agreed to as a result of the misrepresentation and also affirm other obligations under the contract.
• D) None of the options provided are correct.

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