Which of the following is not a bar to the right to rescind the contract in cases of misrepresentation ?
Indemnity can accompany rescission, helping adjust liabilities incurred under the transaction and restore the parties' positions. It is therefore compatible with undoing a…
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Which of the following is not a bar to the right to rescind the contract in cases of misrepresentation ?
Answer and explanation
Correct answer C
Indemnity can accompany rescission, helping adjust liabilities incurred under the transaction and restore the parties' positions. It is therefore compatible with undoing a contract rather than a bar to doing so. By contrast, undue delay, inability to make substantial restitution and the acquisition of protected third-party rights can prevent rescission.
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