Where a contract was formed by mistake, fraud, undue influence or duress, two remedies are offered: reformation and:
ARescission
BRecitation
CRecruitment
DReclamation
Answer & Solution
Correct answer: A. Rescission
1. Reformation rewrites the terms to match what was really agreed.
2. The alternative is to cancel the contract altogether.
3. That alternative is rescission.
_Source: OpenStax Business Law I Essentials 2e, Chapters 7 and 8, Contract Law and Sales Contracts._
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