When is the Remedy of Rescission Available in Nevada?
Rescission returns both parties to their pre-contractual situation.[1] Rescission is a remedy which allows the “harmed” party, either through unilateral action, or through the institution of a suit in equity, to abrogate or cancel the contract totally, and returns the parties to the position they held prior to the execution of the contract.[2] “A priori,…
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