Search results
Results from the WOW.Com Content Network
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.
Despite recent increases in job openings and drops in unemployment benefit claims, the U.S. labor market remains tight as companies in many industries continue to hold on to workers, remain prudent...
The examples and perspective in this article deal primarily with the English-speaking world and do not represent a worldwide view of the subject. You may improve this article, discuss the issue on the talk page, or create a new article, as appropriate.
In the law of contracts, revocation is a type of remedy for buyers when the buyer accepts a nonconforming good from the seller. [1] Upon receiving the nonconforming good, the buyer may choose to accept it despite the nonconformity, reject it (although this may not be allowed under the perfect tender rule and whether the Seller still has time to cure), or revoke their acceptance.
Companies are getting creative when it comes to cutting costs. To avoid harsh online criticism that comes with mass layoffs, organizations have done things like rescind job offers and put large ...
Top U.S. law firm Davis Polk announced in an internal email that it had rescinded letters of employment for three law students at Harvard and Columbia universities who signed on to organizational ...
[2] [3] The misled party may normally rescind the contract, and sometimes may be awarded damages as well (or instead of rescission). The law of misrepresentation is an amalgam of contract and tort; and its sources are common law, equity and statute. In England and Wales, the common law was amended by the Misrepresentation Act 1967.
Yahoo Finance reporter Dani Romero breaks down how more and more companies are slowing down hiring and even rescinding job offers, particularly companies that hedged their bets on remote-only work.