Other Free Encyclopedias :: Law Library - American Law and Legal Information :: American Law Encyclopedia Vol 8

Rescind

To declare a contract void—of no legal force or binding effect—from its inception and thereby restore the parties to the positions they would have occupied had no contract ever been made.

User Comments Add a comment…

Rescission - By Agreement, Wrong Or Default Of Adverse Party, Nonperformance Or Breach - Inadequate Consideration, Time [next] [back] Res Judicata