Question

Betty Buyer discovers that the pin she bought Sally Seller is not a ruby as Sally had represented. She believes that Sally's misrepresentation was innocent, but she wants to get her money back. The contract remedy Betty should seek is

A. Rescission
B. Specific performance
C. Reliving
D. Consequential damages

Answer 1

A. Rescission

Step-by-step explanation:

Rescission is defined as the unwinding of the transaction that has been done through contract or the unmaking or canceling of the contract.

Rescission is done in order to bring the parties in the contract back to their initial position i.e the position before entering into the contract.

The party who wants the rescission should offer to return all the benefits that has been received under the contract.