Examlex
What is the major product of the following reaction?
Innocent Misrepresentation
A false statement made by one party to another, where the person making the statement genuinely believes it to be true.
Rescission
Rescission is a legal remedy that cancels a contract and returns the parties involved to their statuses prior to the contract, as if it never existed.
Rescission
The legal act of cancelling a contract and returning the parties involved to their positions prior to the agreement, as if the contract never existed.
Misrepresentation
The act of giving false or misleading information about a material fact in a transaction.
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