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Remedies from rescission to restitution

Rescission Nature of the Remedy (general) Rescission is the reversal of a transaction so that each party is restored to its original position. Rescission is a remedy of both the common law and equity. Common law rescission is confined to contracts, but rescission in equity extends to gifts and other transactions. Rescission and termination (void

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Remedies

Introduction There is a strong relation between tortious and contractual liability.[1] These areas of law have been regarded as both historically and notionally interlinked, where a person should be able to bring an action in tort even though the impugned conduct also constitutes a breach of contract.[2] Courts are willing to accept that situations may

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