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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. 72-hour clause - Wikipedia

    en.wikipedia.org/wiki/72-hour_clause

    The 72-hour clause is a seller contingency which allows the seller to accept a buyer's contingent offer to purchase his/her property, while allowing the seller to continue to market the property. The 72 hour clause is usually written into sales contracts by the seller, this allows a seller to keep the home on the market and accept backup offers ...

  4. Option contract - Wikipedia

    en.wikipedia.org/wiki/Option_contract

    An option contract is a type of contract that protects an offeree from an offeror's ability to revoke their offer to engage in a contract. Under the common law, consideration for the option contract is required as it is still a form of contract, cf. Restatement (Second) of Contracts § 87(1).

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

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

    The easiest way to cancel your mortgage agreement is to use the notice of rescission that you received from your lender about your right to rescind. “Any titleholder can sign it and send it ...

  6. Your Job Offer Was Rescinded, but You Already Quit - AOL

    www.aol.com/job-offer-rescinded-already-quit...

    For premium support please call: 800-290-4726 more ways to reach us

  7. Law firm rescinds job offers to Harvard students who signed ...

    www.aol.com/news/law-firm-rescinds-job-offers...

    Law firm Davis Polk announced in an email that it had rescinded letters of employment for three law students at Harvard University and Columbia University.

  8. Breach of contract - Wikipedia

    en.wikipedia.org/wiki/Breach_of_contract

    Breach of contract is a legal cause of action and a type of civil wrong, in which a binding agreement or bargained-for exchange is not honored by one or more of the parties to the contract by non-performance or interference with the other party's performance.

  9. Offer and acceptance - Wikipedia

    en.wikipedia.org/wiki/Offer_and_acceptance

    Treitel defines an offer as "an expression of willingness to contract on certain terms, made with the intention that it shall become binding as soon as it is accepted by the person to whom it is addressed", the "offeree". [1] An offer is a statement of the terms on which the offeror is willing to be bound.

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