To Rescind a Contract, the Parties Must Make a Second

question 24

True/False

To rescind a contract, the parties must make a second agreement that satisfies the legal requirements for a contract.​

---

Definitions:

Equity-Financed

Equity-financed refers to the portion of a company's operations or assets that are funded by issuing shares to investors, in contrast to debt financing.

Incremental Value

The additional value generated by making a specific investment or decision, compared to not taking such action.

NPV

Net Present Value is a financial metric that calculates the difference between the present value of cash inflows and outflows over a period of time.

All-Stock Deal

A type of acquisition where the acquiring company purchases the target company's shares with its own stock instead of cash.