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A party entitled to rescind the contract, loses the remedy where:
(a) he has ratifide the contract.
(b) third party has aquired right in good faith.
(c) contract is not sepreble and rescission is sought of party only.
(d) all of these.
answere ?
Verified Answer
A party entitled to rescind the contract, loses the remedy where: (a) ...
In contract law, rescission has been defined as the unmaking of a contract between parties. Rescission is the unwinding of a transaction. This is done to bring the parties, as far as possible, back to the position in which they were before they entered into a contract (the status quo ante).
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A party entitled to rescind the contract, loses the remedy where: (a) he has ratifide the contract. (b) third party has aquired right in good faith. (c) contract is not sepreble and rescission is sought of party only. (d) all of these. answere ?
Question Description
A party entitled to rescind the contract, loses the remedy where: (a) he has ratifide the contract. (b) third party has aquired right in good faith. (c) contract is not sepreble and rescission is sought of party only. (d) all of these. answere ? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about A party entitled to rescind the contract, loses the remedy where: (a) he has ratifide the contract. (b) third party has aquired right in good faith. (c) contract is not sepreble and rescission is sought of party only. (d) all of these. answere ? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A party entitled to rescind the contract, loses the remedy where: (a) he has ratifide the contract. (b) third party has aquired right in good faith. (c) contract is not sepreble and rescission is sought of party only. (d) all of these. answere ?.
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