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2. Rescission (contract law) - Wikipedia

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

   First, where a party to a contract exercises an express right of termination, he or she is sometimes said to have exercised a right to rescind the contract. Secondly, where a party is faced with a repudiation, the party can elect to terminate the contract; this too has often been referred to as an election to rescind. "Rescission" at common law.

3. 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.

4. 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 ...

5. Mistake (contract law) - Wikipedia

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

   Hence the contract is voidable. Collateral mistakes will not afford the right of rescission. A collateral mistake is one that "does not go to the heart" of the contract. For a mutual mistake to render a contract void, then the item the parties are mistaken about must be material (emphasis added). When there is a material mistake about a ...

6. Breach of contract - Wikipedia

   en.wikipedia.org/wiki/Breach_of_contract

   Many commercial contracts include clauses that set out a process whereby notice must be given and in what form. Consequently, if there is a written contract, care should be taken to check the contract terms and to ensure compliance notwithstanding that the other party may, on the face of it, have committed a clear and repudiatory breach.

7. Specific Relief Act 1963 - Wikipedia

   en.wikipedia.org/wiki/Specific_Relief_Act_1963

   Also, there is a category of contracts which, for some reason or the other (e.g. lack of free consent) can be deemed voidable by the party which consent was not free. This party has the right to have the contract rescinded. Relief by way of rescission is provided by Chapter IV of the Specific Relief Act.