..... is an equitable remedy that wipes out the existing contract and restores the parties to their prior situation; it can occur as a result of innocent or fraudulent representation, mutual mistake, lack of legal capacity, an impossibility to perform a contract not contemplated by the parties, or duress and undue influence.

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..... is an equitable remedy that wipes out the existing contract and restores the parties to their prior situation; it can occur as a result of innocent or fraudulent representation, mutual mistake, lack of legal capacity, an impossibility to perform a contract not contemplated by the parties, or duress and undue influence. (*) Redaction (*) Regression (*) Rescission (*) Retraction

This is a companion discussion topic for the original entry at https://english.best/questions/10368,___-is-an-equitable-remedy-that-wipes-out-the-existing-contract-and-restores-the-parties-to-their-prior-situation-it-can-occur-as-a-result-of-innocent-or-fraudulent-representation-mutual-mistake-lack-of-legal-capacity-an-impossibility-to-perform-a-contract-not-contemplated-by-the-parties-or-duress-and-undue-influence/