In Which of the Following Cases Can the Remedy of Rescission

question 73

Multiple Choice

In which of the following cases can the remedy of rescission be invoked by the affected party?

• A)Mistake of tort
• B)Mistake of contract
• C)Mistake of law
• D)Mistake of fact

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Definitions:

E-commerce Disputes

Conflicts or disagreements arising from transactions conducted over electronic systems, particularly the internet.

Arbitration

Arbitration is a method of dispute resolution where a neutral third party, known as an arbitrator, makes a decision to resolve a dispute outside of court.

Mediation

A type of intensive negotiation in which disputing parties select a neutral party to help facilitate communication and suggest ways for the parties to solve their dispute.

Early Neutral Case Evaluation

A dispute resolution process where a neutral party assesses the strengths and weaknesses of a case early in litigation to facilitate settlement.