rescission and restitution
rescission and restitution, defined:
the voiding of a contract based on a legally-compelling reason. A rescission and restitution order may be entered by the court in a case of breach or misrepresentation that would make the contract unfairly burdensome to one of the contractual parties.
rescission and restitution, as it might be used:
The plaintiff brought an action against the builder, seeking rescission and restitution for losses resulting from defective home construction.
|
|
|
Clear-Point Law Dictionary
