Which of the Following Is True About Rescission and Restitution

question 13

Multiple Choice

Which of the following is true about rescission and restitution?

• A) Rescission and restitution are designed to give the nonbreaching party the benefit of the bargain.
• B) Rescission and restitution are the primary and most common remedies for breach of contract.
• C) Rescission and restitution can occur separately,but they usually occur together.
• D) Rescission and restitution are available only when the subject matter of the contract is unique.

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Definitions:

Regulations

Rules or directives made and maintained by an authority to regulate behavior, typically in the context of legal or governmental systems to ensure fair practices, safety, and standards.

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Individuals who possess an advanced understanding and proficiency with technology and digital devices.

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A generation of people born between 1981 and 1996, known for being digital natives and value-driven consumers.

Generation Z

The demographic cohort following Millennials, typically defined as individuals born from the mid-1990s to the early 2010s, characterized by its comfort with digital technologies and social media.