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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. Rescission - Wikipedia

    en.wikipedia.org/wiki/Rescission

    Rescission is the noun form of the verb "to rescind." It may refer to: Rescission (contract law) Rescission bill, a procedure to rescind previously appropriated funding in the United States; A synonym for repeal in parliamentary procedure; Several bills which have used the term in their names:

  4. Equitable remedy - Wikipedia

    en.wikipedia.org/wiki/Equitable_remedy

    Equitable remedies are distinguished from "legal" remedies (which are available to a successful claimant as of right) by the discretion of the court to grant them. In common law jurisdictions, there are a variety of equitable remedies, but the principal remedies are: injunction [5] [6] specific performance; account of profits; rescission ...

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

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

    The right of rescission is a legal protection under the Truth in Lending Act (TILA) that allows you to cancel certain home financing agreements without any financial penalties.

  6. Voidable - Wikipedia

    en.wikipedia.org/wiki/Voidable

    The avoiding of a voidable transaction amounts to the rescinding it or exercising a power of rescission and as such, it is subject to the general law in that regard. The right to rescind can be lost. In common law, there are generally said to be four "bars" to rescission, any one of which will cause the agreement to no longer be considered ...

  7. Impoundment of appropriated funds - Wikipedia

    en.wikipedia.org/wiki/Impoundment_of...

    The Impoundment Control Act of 1974 provides that the president may propose rescission of specific funds, but that rescission must be approved by both the House of Representatives and Senate within 45 days. In effect, the requirement removed the impoundment power, since Congress is not required to vote on the rescission and, in fact, has ...

  8. Legal remedy - Wikipedia

    en.wikipedia.org/wiki/Legal_remedy

    A legal remedy, also referred to as judicial relief or a judicial remedy, is the means with which a court of law, usually in the exercise of civil law jurisdiction, enforces a right, imposes a penalty, or makes another court order to impose its will in order to compensate for the harm of a wrongful act inflicted upon an individual.

  9. Wikipedia:Reference desk/Archives/Humanities/2016 August 19 ...

    en.wikipedia.org/wiki/Wikipedia:Reference_desk/...

    Rescission in the context of stock sales has a specialized meaning that is not addressed in our article. Under section 12 of the Securities Act of 1933 , if Person A violates certain laws in selling the stock, then Person B is entitled to receive the amount paid for the stock, plus interest but less income received, upon the tender of the stock ...

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