Contracts
Rescission differs from cancellation of a contract in that rescission seeks to:
ASimply end the contract for the future
BRestore both parties to their original pre-contract positions, as if the contract never existed✓ Correct
CAward damages to the injured party
DRequire continued performance
Explanation
Rescission unwinds the entire transaction, restoring both parties to their original positions. Cancellation (termination) simply ends the contract going forward without necessarily unwinding past performance.
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