Asked by
Joella Najarro
on Nov 30, 2024Verified
Under the law of restitution, a remedy for misrepresentation is rescission (avoidance) of the contract by the deceived party, though when appropriate, the courts also will require restitution.
Law of Restitution
A legal principle that requires a party to return or compensate for benefits unjustly received at the expense of another.
Misrepresentation
The act of providing false or misleading information, often to persuade someone to enter into a contract.
- Comprehend the fundamentals of evading contracts because of deceit or fraudulent activities and their resulting effects.
- Recognize instances in which the remedy of restitution is appropriate.
Verified Answer
DM
Learning Objectives
- Comprehend the fundamentals of evading contracts because of deceit or fraudulent activities and their resulting effects.
- Recognize instances in which the remedy of restitution is appropriate.