R6

Question 0

What’s a rescission?

Answer 0

Undoes a contract and restores the parties to the positions they would have been in if no contract were made

Question 1

The parol evidence rule prohibits what?

Answer 1

The introduction of prior oral and written statements to vary the terms of a fully integrated contract. It doesn’t bar the introduction of subsequent oral agreements

Question 2

One can assign rights of a contract except when:

Answer 2

It’s personal services or te assignment increases the obligors risk

Question 3

When is the remedy of specific performance available?

Answer 3

In contracts for rare or unique items