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Breach of Representation 2

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › Breach of Representation 2

  • This topic has 1 reply, 2 voices, and was last updated 7 years ago by MikeLittle.
Viewing 2 posts - 1 through 2 (of 2 total)
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  • December 27, 2017 at 6:56 pm #424954
    humai
    Participant
    • Topics: 757
    • Replies: 248
    • ☆☆☆☆☆

    Sir as you said that in breach of representation, the remedy available is recession and damages, so the innocent party can rescind the contract and claim damages OR it can either rescind the contract or claim damages? both or any 1 between the 2?
    And termination and recession means the same thing?

    December 27, 2017 at 9:12 pm #424961
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23327
    • ☆☆☆☆☆

    I did not say recession (I believe that you mean RESCISSION) or damages

    I said rescission AND / OR damages

    And, no, termination and rescission are NOT the same

    If you watch the lectures, I explain what is meant by rescission

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