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2. Rescission (contract law) - Wikipedia

   en.wikipedia.org/wiki/Rescission_(contract_law)

   Rescission at common law (as distinct from rescission in equity) is a self-help remedy: historically, the common law courts simply gave effect to the rescinding party's unequivocal election to rescind the contract. Rescission at common law is only available for fraudulent misrepresentations and duress.

3. Right of rescission: Canceling a HELOC, home equity loan or ...

   www.aol.com/finance/rescission-canceling-heloc...

   The right of rescission allows homeowners to back out of certain refinance, home equity loan and HELOC contracts and get all of their money back. You can only exercise this right for three ...

4. Accord and satisfaction - Wikipedia

   en.wikipedia.org/wiki/Accord_and_satisfaction

   Accord and satisfaction is a contract law concept about the purchase of the release from a debt obligation. It is one of the methods by which parties to a contract may terminate their agreement. The release is completed by the transfer of valuable consideration that must not be the actual performance of the obligation itself. [1]

5. Misrepresentation - Wikipedia

   en.wikipedia.org/wiki/Misrepresentation

   Under s. 2(2) of the Misrepresentation Act 1967, the court has the discretion to award damages instead of rescission, "if of opinion that it would be equitable to do so, having regard to the nature of the misrepresentation and the loss that would be caused by it if the contract were upheld, as well as to the loss that rescission would cause to ...

6. Contract - Wikipedia

   en.wikipedia.org/wiki/Contract

   Where appropriate, courts in most common and civil law jurisdictions may permit declaratory relief or rescission of contracts. To rescind is to set aside or unmake a contract. There are four different ways in which contracts can be set aside. A contract may be deemed 'void', 'voidable' or 'unenforceable', or declared "ineffective". Voidness ...

7. Legal remedy - Wikipedia

   en.wikipedia.org/wiki/Legal_remedy

   Equitable rescission; Equitable rescission gives the innocent plaintiff the right to undo or rescind a contract when the plaintiff entered the contract as a result of fraud, misrepresentation, etc., or when the contract has been breached by the other party. To restore the situation to what it was before the contract, both parties need to return ...