Contracts
In Kansas, rescission of a real estate contract means:
AModifying the terms of the contract
BCanceling the contract and restoring parties to their original positions✓ Correct
CTransferring the contract to a new buyer
DExtending the contract's deadline
Explanation
Rescission cancels the contract and attempts to restore both parties to the position they were in before the contract was made, including returning any money paid.
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